According to public reports, ByteDance's latest valuation is nearly 400 billion US dollars, second only to Ali and Tencent; last year's revenue was nearly 240 billion fax number database yuan. But in addition to Toutiao and Douyin, games, ZERO (education and new business), commercialization, and e-commerce are all difficult to be responsible for revenue. What kind of growth story can ByteDance, with its high listing expectations, tell the capital market?
The latest valuation is nearly $400 billion, with 100,000 employees. ByteDance is becoming the third largest Internet company after Alibaba and Tencent. In the eyes of the outside world, ByteDance is already a super giant. If it is split, this giant is mainly fax number database composed of six business sectors including Toutiao, Douyin, games, ZERO (education and new business), commercialization, and e-commerce. They are the first-level business units of ByteDance. According to previous reports from Tech Planet, ByteDance's revenue in 2020 is nearly 240 billion yuan, of which advertising revenue is 175 billion yuan, e-commerce revenue is 6 billion yuan.
Live streaming is 45-50 billion yuan, and game segment revenue is 4-5 billion. RMB 2-3 billion in the field of education. Behind the high turnover, in addition to the already mature Toutiao and Douyin, it is difficult for ByteDance to find a third competitive product, and the fax number database user growth of Toutiao is also approaching the ceiling. How to find the third fist product and widen the moat? This anxiety is reflected in ByteDance’s foreign investment. Qichacha data shows that ByteDance has invested in 114 companies in the past. All-weather Technology has sorted out the investment ideas of bytes.