Sources: ByteDance, which is adding thousands of employees to its 40K staff, expects a net loss of ~$1B in 2018 and revenues of $18B this year and $29B in 2020 (Bloomberg)

Bloomberg:
Sources: ByteDance, which is adding thousands of employees to its 40K staff, expects a net loss of ~$1B in 2018 and revenues of $18B this year and $29B in 2020  —  Most nights, from around 7 till midnight, Sydney Jade is on TikTok, the smartphone app of the moment.

from Techmeme http://bit.ly/2KRkxYi