TikTok owner ByteDance’s first-half revenue better than expected at over US$7 billion: Sources

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China’s ByteDance, owner of video-sharing app TikTok and one of the world’s most valuable unicorns, booked revenue of 50-60 billion yuan (US$7 billion to US$8.4 billion) in a better-than-expected result for the first half, people familiar with the matter told Reuters.