TechnologySocial mediaPrint articleTikTok revenue dances past YouTubeNatasha GillezeauReporterJun 1, 2020 – 12.43pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginTikTok's parent company ByteDance earned over US$17 billion of revenue in 2019, and a net profit of US$3 billion, according to a Bloomberg report citing people familiar with the matter.This means that during the same period, ByteDance earned more revenue than Google-owned competitor YouTube, which took home US$15 billion revenue in 2019. Loading...Natasha Gillezeau is a journalist for The Australian Financial Review based in the Sydney office. Connect with Natasha on Twitter. Email Natasha at natasha.gillezeau@afr.com.auSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreSocial mediaAdvertisingFacebookInstagramLatest In TechnologyFetching latest articlesMost Viewed In TechnologyThe Australian Financial Review Magazine‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetLauren SamsThis Brisbane restaurant deserves a Michelin starHow Ozempic and other GLP-1s are transforming much more than just waistlinesBOSS Financial ReviewSPC chief’s battle to remake the household brandPatrick DurkinThe hottest new C-suite position is head of AIThe CEO who calls email the least productive productivity hackLife & LeisureArt Basel Hong Kong reveals the resilience of the region’s collectors1 hr agoJohn McdonaldMeet the train fanatic making global rail travel a whole lot easierThe former banker who created the perfect white T-shirtRich ListCettire recruits Accent shoe chief Daniel Agostinelli to its board1 hr agoCarrie LaFrenzWealthy silk Allan Myers puts Western District run on the marketProperty billionaire Nick Andrianakos dies in Greece
