Yogthos on Nostr: ByteDance earns 77% of its revenue in China, with #TikTok #US being a small slice. ...
ByteDance earns 77% of its revenue in China, with #TikTok #US being a small slice. Forced divestment due to US pressure would humiliate China and hurt Douyin's popularity.
ByteDance's real growth potential is in China, the Global South. TikTok's biggest market is already in Indonesia. Why should ByteDance sell TikTok US and create a competitor? Did Google sell its #China assets? Would the US let China force Apple or Nvidia to divest?
ByteDance's real growth potential is in China, the Global South. TikTok's biggest market is already in Indonesia. Why should ByteDance sell TikTok US and create a competitor? Did Google sell its #China assets? Would the US let China force Apple or Nvidia to divest?