Friday, May 16, 2025

Sources: ByteDance expects 2025 revenue to grow 20% YoY to $186B vs. 29% growth in 2024, driven by TikTok's global expansion; ByteDance has 4B MAUs across apps (Bloomberg)

Bloomberg:
Sources: ByteDance expects 2025 revenue to grow 20% YoY to $186B vs. 29% growth in 2024, driven by TikTok's global expansion; ByteDance has 4B MAUs across apps  —  TikTok's owner expects sales to increase to roughly $186 billion from $155 billion in 2024, people familiar with its finances said.



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French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with participation from Blackstone, DST, and others (Yazhou Sun/Bloomberg)

Yazhou Sun / Bloomberg : French accounting software startup Pennylane raised $204M led by TCV, a source says at a ~$4.25B valuation, with...