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Joannee
2021-01-28
Wow!
TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban
Joannee
2021-01-27
Oh no
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Joannee
2021-01-26
Great ariticle, would you like to share it?
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Kuaishou, which operates China’s most popular video service after Douyin, is slated to list Feb. 5 in the world’s biggest internet IPO since Uber Technologies Inc.</p><p>Read more: ByteDance Seeks Funds at $180 Billion Value Before IPO of Assets</p><p>But one major uncertainty remains for ByteDance: whether the Biden administration will follow through on its predecessors’ actions.</p><p>Founded by Zhang Yiming in 2012, ByteDance built TikTok into one of the most popular apps around the world, with more than 100 million users in the U.S. alone. The startup has more than quadrupled revenue from just $8 billion in 2018 and now posts sales on par with the likes of Nike Inc. and Coca-Cola Co.</p><p>But the Trump administration labeled the app a security threat and banned the service last year, contending the Chinese government could compel ByteDance to turn over the data of millions of young American users. 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TikTok was among a clutch of services permanently banned after the latest skirmish, forcing its Chinese owner to scale back in the country, once its largest market globally.</p><p>“We have steadfastly worked to comply with the Indian order from June, even as we disagreed with it,” TikTok said in an emailed statement Wednesday. “Given the lack of feedback from the government about how to resolve this issue in the subsequent seven months, it is with deep sadness that we have decided to reduce our workforce in India.”</p><p>As the TikTok and Indian sagas raged, Zhang has put more effort into nascent Chinese-focused businesses from gaming and education to e-commerce, while fine-tuning ByteDance’s management structure, the person said, asking not to be identified discussing internal matters.</p><p>During a December town hall meeting attended by ByteDance’s 100,000-plus employees, Zhang said TikTok’s user growth slowed in 2020’s second half because of new competition from Youtube and Snap Inc., according to attendees who asked not be identified discussing private events. But he emphasized that its growth potential still outstripped Douyin’s, they said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-27 16:45 GMT+8 <a href=https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened global competition and Trump’s attempt to ban its signature video service TikTok in the U.S...</p>\n\n<a href=\"https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182348180","content_text":"(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened global competition and Trump’s attempt to ban its signature video service TikTok in the U.S.The Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year, a person familiar with the matter said. That’s in a year when former U.S. president Donald Trump sought to ban TikTok and force its sale to American investors led by Oracle Corp. With Joe Biden in office, the company is moving closer toward listing part of its social media empire in Hong Kong. The Information first reported on ByteDance’s 2020 financials.ByteDance’s phenomenal growth stems from the global success of teen phenom TikTok and its Chinese twin Douyin, which helped pioneer a new form of social video and undercut rivals from Facebook Inc. to Tencent Holdings Ltd. Last valued at about $180 billion, the company is said to be exploring an initial public offering for some of its businesses in Hong Kong, including Douyin. A ByteDance spokesperson declined to comment.An eventual IPO would follow smaller competitor Kuaishou Technology’s impending $5.4 billion debut. Kuaishou, which operates China’s most popular video service after Douyin, is slated to list Feb. 5 in the world’s biggest internet IPO since Uber Technologies Inc.Read more: ByteDance Seeks Funds at $180 Billion Value Before IPO of AssetsBut one major uncertainty remains for ByteDance: whether the Biden administration will follow through on its predecessors’ actions.Founded by Zhang Yiming in 2012, ByteDance built TikTok into one of the most popular apps around the world, with more than 100 million users in the U.S. alone. The startup has more than quadrupled revenue from just $8 billion in 2018 and now posts sales on par with the likes of Nike Inc. and Coca-Cola Co.But the Trump administration labeled the app a security threat and banned the service last year, contending the Chinese government could compel ByteDance to turn over the data of millions of young American users. Oracle and Walmart Inc. then agreed to buy 20% of TikTok in a complex deal blessed by the former president.Biden’s immediate priorities are curbing the pandemic and resuscitating the economy, and he has had little to say so far about TikTok. It’s possible ByteDance could work out a compromise with the new president that allows it to retain full or majority ownership -- provided it can demonstrate American user data is secure.Read more: India TikTok Ban Threatens China’s Rise as Global Tech PowerBeyond the U.S., ByteDance has been stymied in India, where the government has banned scores of Chinese apps since June in the wake of deadly Himalayan border clashes. TikTok was among a clutch of services permanently banned after the latest skirmish, forcing its Chinese owner to scale back in the country, once its largest market globally.“We have steadfastly worked to comply with the Indian order from June, even as we disagreed with it,” TikTok said in an emailed statement Wednesday. “Given the lack of feedback from the government about how to resolve this issue in the subsequent seven months, it is with deep sadness that we have decided to reduce our workforce in India.”As the TikTok and Indian sagas raged, Zhang has put more effort into nascent Chinese-focused businesses from gaming and education to e-commerce, while fine-tuning ByteDance’s management structure, the person said, asking not to be identified discussing internal matters.During a December town hall meeting attended by ByteDance’s 100,000-plus employees, Zhang said TikTok’s user growth slowed in 2020’s second half because of new competition from Youtube and Snap Inc., according to attendees who asked not be identified discussing private events. But he emphasized that its growth potential still outstripped Douyin’s, they said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313624597,"gmtCreate":1611711795019,"gmtModify":1704862258312,"author":{"id":"3564307555585523","authorId":"3564307555585523","name":"Joannee","avatar":"https://static.tigerbbs.com/43e10087450473bc5b73ae62859a2568","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564307555585523","authorIdStr":"3564307555585523"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/313624597","repostId":"1192186697","repostType":4,"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313189028,"gmtCreate":1611674079464,"gmtModify":1704861965512,"author":{"id":"3564307555585523","authorId":"3564307555585523","name":"Joannee","avatar":"https://static.tigerbbs.com/43e10087450473bc5b73ae62859a2568","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564307555585523","authorIdStr":"3564307555585523"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/313189028","repostId":"1181531825","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":313624597,"gmtCreate":1611711795019,"gmtModify":1704862258312,"author":{"id":"3564307555585523","authorId":"3564307555585523","name":"Joannee","avatar":"https://static.tigerbbs.com/43e10087450473bc5b73ae62859a2568","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564307555585523","authorIdStr":"3564307555585523"},"themes":[],"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/313624597","repostId":"1192186697","repostType":4,"repost":{"id":"1192186697","kind":"news","pubTimestamp":1611650641,"share":"https://ttm.financial/m/news/1192186697?lang=&edition=fundamental","pubTime":"2021-01-26 16:44","market":"sg","language":"en","title":"India to impose permanent ban on 59 Chinese apps, including TikTok","url":"https://stock-news.laohu8.com/highlight/detail?id=1192186697","media":"reuters","summary":"(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to m","content":"<p>(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday.</p><p>When it first imposed the ban, the Indian government gave the 59 apps a chance to explain their position on compliance with privacy and security requirements, the Times of India reported on Monday.</p><p>The companies, which include ByteDance’s popular video-sharing app TikTok, Tencent Holdings’ WeChat and Alibaba’s UC Browser, were also asked to respond to a list of questions, the newspaper said.</p><p>\"The government is not satisfied with the response/explanation given by these companies. Hence, the ban for these 59 apps is permanent now,\" business newspaper quoted a source familiar with the notices as saying. It said the notices were issued last week.</p><p>The ministry’s June order stated that the apps were “prejudicial to sovereignty and integrity of India, defence of India, security of state and public order”.</p><p>The order, which India referred to as a “digital strike”, followed a skirmish with Chinese troops at a disputed Himalayan border site when 20 Indian soldiers were killed.</p><p>In September, India banned another 118 mobile apps, including Tencent’s popular videogame PUBG, as it stepped up the pressure on Chinese technology companies following the standoff at the border.</p><p>A TikTok representative told the Economic Times newspaper that the company was evaluating the notice and will respond to it as appropriate.</p><p>The ministry of electronics and information technology could not be reached for comment outside regular working hours. TikTok did not respond to a request for comment.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>India to impose permanent ban on 59 Chinese apps, including TikTok</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia to impose permanent ban on 59 Chinese apps, including TikTok\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-26 16:44 GMT+8 <a href=https://www.reuters.com/article/uk-india-china-apps-idUSKBN29U2G6><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media ...</p>\n\n<a href=\"https://www.reuters.com/article/uk-india-china-apps-idUSKBN29U2G6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/uk-india-china-apps-idUSKBN29U2G6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192186697","content_text":"(Reuters) - India’s ministry of electronics and information technology has issued fresh notices to make permanent a ban imposed on video app TikTok and 58 other Chinese apps in June, Indian media reported late on Monday.When it first imposed the ban, the Indian government gave the 59 apps a chance to explain their position on compliance with privacy and security requirements, the Times of India reported on Monday.The companies, which include ByteDance’s popular video-sharing app TikTok, Tencent Holdings’ WeChat and Alibaba’s UC Browser, were also asked to respond to a list of questions, the newspaper said.\"The government is not satisfied with the response/explanation given by these companies. Hence, the ban for these 59 apps is permanent now,\" business newspaper quoted a source familiar with the notices as saying. It said the notices were issued last week.The ministry’s June order stated that the apps were “prejudicial to sovereignty and integrity of India, defence of India, security of state and public order”.The order, which India referred to as a “digital strike”, followed a skirmish with Chinese troops at a disputed Himalayan border site when 20 Indian soldiers were killed.In September, India banned another 118 mobile apps, including Tencent’s popular videogame PUBG, as it stepped up the pressure on Chinese technology companies following the standoff at the border.A TikTok representative told the Economic Times newspaper that the company was evaluating the notice and will respond to it as appropriate.The ministry of electronics and information technology could not be reached for comment outside regular working hours. TikTok did not respond to a request for comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":307,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":311232063,"gmtCreate":1611797853052,"gmtModify":1704863644404,"author":{"id":"3564307555585523","authorId":"3564307555585523","name":"Joannee","avatar":"https://static.tigerbbs.com/43e10087450473bc5b73ae62859a2568","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564307555585523","authorIdStr":"3564307555585523"},"themes":[],"htmlText":"Wow!","listText":"Wow!","text":"Wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/311232063","repostId":"1182348180","repostType":4,"repost":{"id":"1182348180","kind":"news","pubTimestamp":1611737135,"share":"https://ttm.financial/m/news/1182348180?lang=&edition=fundamental","pubTime":"2021-01-27 16:45","market":"sg","language":"en","title":"TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban","url":"https://stock-news.laohu8.com/highlight/detail?id=1182348180","media":"Bloomberg","summary":"(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying he","content":"<p>(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened global competition and Trump’s attempt to ban its signature video service TikTok in the U.S.</p><p>The Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year, a person familiar with the matter said. That’s in a year when former U.S. president Donald Trump sought to ban TikTok and force its sale to American investors led by Oracle Corp. With Joe Biden in office, the company is moving closer toward listing part of its social media empire in Hong Kong. The Information first reported on ByteDance’s 2020 financials.</p><p>ByteDance’s phenomenal growth stems from the global success of teen phenom TikTok and its Chinese twin Douyin, which helped pioneer a new form of social video and undercut rivals from Facebook Inc. to Tencent Holdings Ltd. Last valued at about $180 billion, the company is said to be exploring an initial public offering for some of its businesses in Hong Kong, including Douyin. A ByteDance spokesperson declined to comment.</p><p>An eventual IPO would follow smaller competitor Kuaishou Technology’s impending $5.4 billion debut. Kuaishou, which operates China’s most popular video service after Douyin, is slated to list Feb. 5 in the world’s biggest internet IPO since Uber Technologies Inc.</p><p>Read more: ByteDance Seeks Funds at $180 Billion Value Before IPO of Assets</p><p>But one major uncertainty remains for ByteDance: whether the Biden administration will follow through on its predecessors’ actions.</p><p>Founded by Zhang Yiming in 2012, ByteDance built TikTok into one of the most popular apps around the world, with more than 100 million users in the U.S. alone. The startup has more than quadrupled revenue from just $8 billion in 2018 and now posts sales on par with the likes of Nike Inc. and Coca-Cola Co.</p><p>But the Trump administration labeled the app a security threat and banned the service last year, contending the Chinese government could compel ByteDance to turn over the data of millions of young American users. Oracle and Walmart Inc. then agreed to buy 20% of TikTok in a complex deal blessed by the former president.</p><p>Biden’s immediate priorities are curbing the pandemic and resuscitating the economy, and he has had little to say so far about TikTok. It’s possible ByteDance could work out a compromise with the new president that allows it to retain full or majority ownership -- provided it can demonstrate American user data is secure.</p><p>Read more: India TikTok Ban Threatens China’s Rise as Global Tech Power</p><p>Beyond the U.S., ByteDance has been stymied in India, where the government has banned scores of Chinese apps since June in the wake of deadly Himalayan border clashes. TikTok was among a clutch of services permanently banned after the latest skirmish, forcing its Chinese owner to scale back in the country, once its largest market globally.</p><p>“We have steadfastly worked to comply with the Indian order from June, even as we disagreed with it,” TikTok said in an emailed statement Wednesday. “Given the lack of feedback from the government about how to resolve this issue in the subsequent seven months, it is with deep sadness that we have decided to reduce our workforce in India.”</p><p>As the TikTok and Indian sagas raged, Zhang has put more effort into nascent Chinese-focused businesses from gaming and education to e-commerce, while fine-tuning ByteDance’s management structure, the person said, asking not to be identified discussing internal matters.</p><p>During a December town hall meeting attended by ByteDance’s 100,000-plus employees, Zhang said TikTok’s user growth slowed in 2020’s second half because of new competition from Youtube and Snap Inc., according to attendees who asked not be identified discussing private events. But he emphasized that its growth potential still outstripped Douyin’s, they said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTikTok’s Owner Doubles Sales to $35 Billion Despite U.S. Ban\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-27 16:45 GMT+8 <a href=https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened global competition and Trump’s attempt to ban its signature video service TikTok in the U.S...</p>\n\n<a href=\"https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/tiktok-owner-sales-doubled-35-041918097.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182348180","content_text":"(Bloomberg) -- ByteDance Ltd.’s revenue more than doubled to about $35 billion last year, defying heightened global competition and Trump’s attempt to ban its signature video service TikTok in the U.S.The Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year, a person familiar with the matter said. That’s in a year when former U.S. president Donald Trump sought to ban TikTok and force its sale to American investors led by Oracle Corp. With Joe Biden in office, the company is moving closer toward listing part of its social media empire in Hong Kong. The Information first reported on ByteDance’s 2020 financials.ByteDance’s phenomenal growth stems from the global success of teen phenom TikTok and its Chinese twin Douyin, which helped pioneer a new form of social video and undercut rivals from Facebook Inc. to Tencent Holdings Ltd. Last valued at about $180 billion, the company is said to be exploring an initial public offering for some of its businesses in Hong Kong, including Douyin. A ByteDance spokesperson declined to comment.An eventual IPO would follow smaller competitor Kuaishou Technology’s impending $5.4 billion debut. Kuaishou, which operates China’s most popular video service after Douyin, is slated to list Feb. 5 in the world’s biggest internet IPO since Uber Technologies Inc.Read more: ByteDance Seeks Funds at $180 Billion Value Before IPO of AssetsBut one major uncertainty remains for ByteDance: whether the Biden administration will follow through on its predecessors’ actions.Founded by Zhang Yiming in 2012, ByteDance built TikTok into one of the most popular apps around the world, with more than 100 million users in the U.S. alone. The startup has more than quadrupled revenue from just $8 billion in 2018 and now posts sales on par with the likes of Nike Inc. and Coca-Cola Co.But the Trump administration labeled the app a security threat and banned the service last year, contending the Chinese government could compel ByteDance to turn over the data of millions of young American users. Oracle and Walmart Inc. then agreed to buy 20% of TikTok in a complex deal blessed by the former president.Biden’s immediate priorities are curbing the pandemic and resuscitating the economy, and he has had little to say so far about TikTok. It’s possible ByteDance could work out a compromise with the new president that allows it to retain full or majority ownership -- provided it can demonstrate American user data is secure.Read more: India TikTok Ban Threatens China’s Rise as Global Tech PowerBeyond the U.S., ByteDance has been stymied in India, where the government has banned scores of Chinese apps since June in the wake of deadly Himalayan border clashes. TikTok was among a clutch of services permanently banned after the latest skirmish, forcing its Chinese owner to scale back in the country, once its largest market globally.“We have steadfastly worked to comply with the Indian order from June, even as we disagreed with it,” TikTok said in an emailed statement Wednesday. “Given the lack of feedback from the government about how to resolve this issue in the subsequent seven months, it is with deep sadness that we have decided to reduce our workforce in India.”As the TikTok and Indian sagas raged, Zhang has put more effort into nascent Chinese-focused businesses from gaming and education to e-commerce, while fine-tuning ByteDance’s management structure, the person said, asking not to be identified discussing internal matters.During a December town hall meeting attended by ByteDance’s 100,000-plus employees, Zhang said TikTok’s user growth slowed in 2020’s second half because of new competition from Youtube and Snap Inc., according to attendees who asked not be identified discussing private events. But he emphasized that its growth potential still outstripped Douyin’s, they said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313189028,"gmtCreate":1611674079464,"gmtModify":1704861965512,"author":{"id":"3564307555585523","authorId":"3564307555585523","name":"Joannee","avatar":"https://static.tigerbbs.com/43e10087450473bc5b73ae62859a2568","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564307555585523","authorIdStr":"3564307555585523"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/313189028","repostId":"1181531825","repostType":4,"repost":{"id":"1181531825","kind":"news","pubTimestamp":1611643469,"share":"https://ttm.financial/m/news/1181531825?lang=&edition=fundamental","pubTime":"2021-01-26 14:44","market":"us","language":"en","title":"The 3 Best Stocks to Buy for a Biden Bull Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1181531825","media":"Nasdaq","summary":"A new presidential administration brings change, and with it, new opportunities for investors.Presid","content":"<p>A new presidential administration brings change, and with it, new opportunities for investors.</p><p>President Joe Biden has laid out plansto make housing more affordable for Americans, combat climate change, and position the U.S. as a leader in electric-vehicle production.</p><p>Here's how you can profit from the coming bull markets in each of these soon-to-be booming investment sectors, including three stocks you might want to consider buying.</p><p><b>1. Redfin</b></p><p>Biden's housing plan calls for a new tax credit of up to $15,000 for first-time homebuyers. By helping to offset the costs of buying a home, Biden's plan could ignite a housing boom, particularly as the economy recovers once the pandemic subsides.</p><p><b>Redfin</b>(NASDAQ: <a href=\"https://laohu8.com/S/RDFN\">$(RDFN)$</a>)is an excellent way for investors to profit from a surge in new home sales. The tech-powered real estate services company is rapidly increasing its share of the $80 billion U.S. brokerage market, thanks to the large savings it often provides to home sellers.</p><p>By paying its agents a salary, rather than commissions, Redfin can sell homes for fees as low as 1%. Compared to the typical agent commission of 2.5%-3%, Redfin can save home sellers as much as $5,000 on a $250,000 home.</p><p>Together with its fast-growing mortgage, title, andiBuyingbusinesses, Redfin's rapidly expanding brokerage operations give investors many ways to win.</p><p><b>2. Brookfield Renewable</b></p><p>Biden believes climate change is the \"No. 1 issue facing humanity.\" He wants the U.S. to generate more energy fromrenewablesources to achieve net-zero emissions by 2050. And he's willing to invest $2<i>trillion</i>in clean energy projects to reach that goal.</p><p>Biden's climate plan would be a boon for<b>Brookfield Renewable</b>(NYSE: BEP)(NYSE: <a href=\"https://laohu8.com/S/BEPC\">$(BEPC)$</a>). Brookfield owns a wide array of renewable energy investments, including hydroelectric, wind, and solar projects.</p><p>Brookfield passes the profits it generates from these projects on to its investors via a rising cashdividend. And with Biden's plan likely to create more investment opportunities in green energy projects, Brookfield Renewable is set to reward its investors with even larger cash returns in the years ahead.</p><p><b>3. Tesla</b></p><p>In addition to clean energy, Biden wants the U.S. to be the global leader in electric vehicles (EVs). His auto industry plan calls for the government to incentivize the purchase of EVs for federal, state, and local fleets. Biden also wants to install 500,000 charging stations across the country.</p><p>Biden's plan is likely to accelerate<b>Tesla</b>'s(NASDAQ: <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>)growth. The EV leader's sales are already growing rapidly, and Biden's intentions to boost American demand for clean vehicles could turbocharge Tesla's profit generation over the next decade.</p><p>Due in part to the Biden administration's support, Wedbush analyst Daniel Ives predicts that EVs could account for 10% of global auto sales by 2025, up from 3% today. In turn, he believes Tesla could deliver 5 million EVs annually by 2030, up from just under 500,000 in 2020.</p><p>If Ives is correct, Tesla's vehicle sales could rise tenfold over the coming decade, while creating fortunes for investors along the way.</p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 3 Best Stocks to Buy for a Biden Bull Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 3 Best Stocks to Buy for a Biden Bull Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-26 14:44 GMT+8 <a href=https://www.nasdaq.com/articles/the-3-best-stocks-to-buy-for-a-biden-bull-market-2021-01-25><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A new presidential administration brings change, and with it, new opportunities for investors.President Joe Biden has laid out plansto make housing more affordable for Americans, combat climate change...</p>\n\n<a href=\"https://www.nasdaq.com/articles/the-3-best-stocks-to-buy-for-a-biden-bull-market-2021-01-25\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.nasdaq.com/articles/the-3-best-stocks-to-buy-for-a-biden-bull-market-2021-01-25","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181531825","content_text":"A new presidential administration brings change, and with it, new opportunities for investors.President Joe Biden has laid out plansto make housing more affordable for Americans, combat climate change, and position the U.S. as a leader in electric-vehicle production.Here's how you can profit from the coming bull markets in each of these soon-to-be booming investment sectors, including three stocks you might want to consider buying.1. RedfinBiden's housing plan calls for a new tax credit of up to $15,000 for first-time homebuyers. By helping to offset the costs of buying a home, Biden's plan could ignite a housing boom, particularly as the economy recovers once the pandemic subsides.Redfin(NASDAQ: $(RDFN)$)is an excellent way for investors to profit from a surge in new home sales. The tech-powered real estate services company is rapidly increasing its share of the $80 billion U.S. brokerage market, thanks to the large savings it often provides to home sellers.By paying its agents a salary, rather than commissions, Redfin can sell homes for fees as low as 1%. Compared to the typical agent commission of 2.5%-3%, Redfin can save home sellers as much as $5,000 on a $250,000 home.Together with its fast-growing mortgage, title, andiBuyingbusinesses, Redfin's rapidly expanding brokerage operations give investors many ways to win.2. Brookfield RenewableBiden believes climate change is the \"No. 1 issue facing humanity.\" He wants the U.S. to generate more energy fromrenewablesources to achieve net-zero emissions by 2050. And he's willing to invest $2trillionin clean energy projects to reach that goal.Biden's climate plan would be a boon forBrookfield Renewable(NYSE: BEP)(NYSE: $(BEPC)$). Brookfield owns a wide array of renewable energy investments, including hydroelectric, wind, and solar projects.Brookfield passes the profits it generates from these projects on to its investors via a rising cashdividend. And with Biden's plan likely to create more investment opportunities in green energy projects, Brookfield Renewable is set to reward its investors with even larger cash returns in the years ahead.3. TeslaIn addition to clean energy, Biden wants the U.S. to be the global leader in electric vehicles (EVs). His auto industry plan calls for the government to incentivize the purchase of EVs for federal, state, and local fleets. Biden also wants to install 500,000 charging stations across the country.Biden's plan is likely to accelerateTesla's(NASDAQ: $(TSLA)$)growth. The EV leader's sales are already growing rapidly, and Biden's intentions to boost American demand for clean vehicles could turbocharge Tesla's profit generation over the next decade.Due in part to the Biden administration's support, Wedbush analyst Daniel Ives predicts that EVs could account for 10% of global auto sales by 2025, up from 3% today. In turn, he believes Tesla could deliver 5 million EVs annually by 2030, up from just under 500,000 in 2020.If Ives is correct, Tesla's vehicle sales could rise tenfold over the coming decade, while creating fortunes for investors along the way.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}