Source: China – South China Morning PostTech unicorn ByteDance, owner of hit short video app TikTok and its Chinese sibling Douyin, recorded significantly slower revenue growth last year, as Beijing’s harsh regulatory measures set back the company’s business expansion plans, according to media reports.The Beijing-based firm saw its 2021 revenue reach US$58 billion, up 70 per cent from a year earlier, according to a Reuters report, citing two sources. It marks a drop-off in performance for the world’s most valuable start-up after…Read More