Source: Tech – South China Morning PostByteDance, operator of short-video sharing hit app TikTok, saw its revenue more than double last year, the company told employees in a company-wide meeting on Thursday, as the company’s valuation soars ahead of a highly anticipated yet delayed initial public offering (IPO).The Beijing-based tech giant booked revenue of US$34.3 billion, up 111 per cent year-on-year, with its monthly active users across all platforms reaching 1.9 billion by the end of last year. It made an operating loss, due to…Read More