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A comment on ByteDance investors value TikTok at $50B in takeover bid. Parent comment

Re:ByteDance investors value TikTok at $50B in takeover bid by coralreef on Wednesday July 29, 2020 @10:45AM (#23987213)
They make money from advertising to end users. They have consecutive quarterly growth and are at an all time high for DAU:

https://www.statista.com/statistics/545967/snapchat-app-dau/

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