TikTok is officially the world’s biggest moneymaker in social media. Despite being valued at about $330 billion—roughly half of Meta’s valuation—ByteDance (TikTok’s parent company) out-earned all competitors, pulling in $48 billion in revenue last quarter, compared to Meta’s $42.3 billion. This puts ByteDance firmly at the top, with TikTok driving massive global engagement and claiming the social media revenue crown.
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