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TikTok parent ByteDance sees losses swell in push for growth

Por: Fox Business Tech October 08, 2022

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GameStop board member Larry Cheng predicts a 'better than expected' holiday shopping season. saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, according to a financial report shared with employees that offers a rare look inside the private company’s closely guarded finances. ByteDance also produced an operating profit in the first quarter of 2022, the report... + full article



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