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ByteDance spectacular performance comes despite uncertain macro conditions and a major fall for tech companies in 2022. Last year in 2022, TikTok parent ByteDance reported a strong 30% surge in its revenue crossing $80 billion in sales and matching other tech giants like Tencent. ByteDance’s twin video platforms TikTok and
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We’re happy to be back after a recharging long weekend. Let’s get to the news. India’s central bank has clarified its crypto stance, Tencent is looking to invest in “emerging technologies” including blockchain and Facebook’s digital wallet subsidiary announced a rebranding and new details. You’re reading Blockchain Bites, the daily roundup of
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WeBank has become the first technical infrastructure provider for Chin’s blockchain network. Source
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