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The Late Stage 50 · 2026 edition · #1 of 50

ByteDance

Internet platforms (TikTok, Douyin, Toutiao) and AI · Beijing, China

US$200bnFY2025 · reported
+29%growth, as reported
#1rank by disclosed revenue

The figure

Revenue
$200 billion
In US dollars
US$200bn
as stated
Standing
reported
Named press, described source — Wall Street Journal, citing people familiar with the matter; the figure is attributed in the article
Published
16 Sept 2026
accessed 17 Oct 2026
Evidence
“ByteDance posted annual revenue growth of 29% to $200 billion” — as read on the source page1Wall Street Journal · 16 Sept 2026
Growth
+29%
as reported by Wall Street Journal1Wall Street Journal · 16 Sept 2026

Context

Founded
2012
Headquarters
Beijing, China
Sector
AI applications
Internet platforms (TikTok, Douyin, Toutiao) and AI
Status
Private as of 17 October 2026
Private: valued by employee share sales and a bank loan (WSJ, Sept 2026); no listing. No S-1/F-1/DRS by ByteDance in EDGAR full-text search (all 30 hits are other issuers mentioning it).1status check · 17 Oct 2026

Market context

Clarity Price
$333.18 per share
6M return +16.75%3Clarity (formerly Hiive)
Last round · Clarity
Late Stage (October 2018): $75B post-money, $3B raised

Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.

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References

Every figure on this page, by source.

  1. 1Wall Street Journal · 16 Sept 2026www.msn.com/en-us/money/technology/tiktok-parent-s-revenue-grows-as-ai-spending-pressures-…
  2. 2bytedance.comwww.bytedance.com/en/
  3. 3Clarity (formerly Hiive)www.clarity.com/browse-companies/bytedance-stock

Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.