The revenue in 2019 was 109.1 billion, 2020 was 233.6 billion, and 2021 was 367.8 billion. In comparison, it has been rising every year.

As we all know, ByteDance has four major products: Toutiao, Douyin, Xigua Video, and Huoshan Video. Douyin was launched in September 2016. It is a short video sharing community focusing on 15-second videos, focusing on "music + UGC". During the Spring Festival in 2018, Douyin users surged and became a phenomenal application. By June 2018, Douyin announced that its daily active users in China reached 150 million and its monthly active users reached 300 million. As an analyst who has been tracking and researching the short video industry for a long time, we have calculated Douyin's revenue level based on the empirical data of the research and combined with public data to help readers who follow Douyin have a clearer understanding of Douyin's commercial value.