Most Americans don't appreciate how big Bytedance's business really is: Lead Edge Capital's Green

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Most Americans don't appreciate how big Bytedance's business really is: Lead Edge Capital's Green

//business-finance.news-articles.net/content/202 .. usiness-really-is-lead-edge-capital-s-green.html

Published in Business and Finance on Friday, January 17th 2025 at 16:00 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Mitchell Green, Lead Edge Capital founder and partner, joins 'Squawk on the Street' to discuss the Supreme Court's decision on the ban of TikTok, and how big Bytedance's business really is, and much more.

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The video from MSN Money discusses the significant but often underappreciated scale of ByteDance, the parent company of TikTok. According to Lead Edge Capital's Mitchell Green, ByteDance's operations extend far beyond TikTok, with a massive presence in China through its app Douyin, which is similar to TikTok but tailored for the Chinese market. ByteDance also owns other platforms like Toutiao, a news aggregator, and has investments in various tech sectors. Green highlights that ByteDance's valuation and user engagement metrics are comparable to tech giants like Meta, yet it doesn't receive the same level of recognition in the U.S. due to its focus on international markets and less visibility in Western media. The discussion emphasizes ByteDance's potential as a global tech powerhouse, its innovative approach to content delivery, and the implications of its size and influence in the digital economy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/most-americans-don-t-appreciate-how-big-bytedance-s-business-really-is-lead-edge-capital-s-green/vi-AA1xnM3k ]