ByteDance investors reassessing what the company's value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B (The Information)

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ByteDance investors reassessing what the company’s value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B  —  TikTok, facing a growing threat of a U.S. ban, has been a global juggernaut over the past few years, drawing more than a billion monthly users …