(Bloomberg) -- ByteDance Ltd.’s profit surged roughly 60% in 2023, outpacing the growth of online peers Tencent Holdings Ltd. and Alibaba Group Holding Ltd. in a sign of the TikTok owner’s resilience in the face of an economic downturn.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as Rivals RiseSingapore PM Lee to Hand Reins to Wong After Two DecadesTexas Warns of Possible Power Emergency Next WeekIran’s Missile Barrage Wa
Alibaba is lowering prices on core cloud products for international customers, seeking to tap enthusiasm for artificial intelligence computing.
In this article, we will look at the 20 fastest growing economies in Asia in 2024. If you want to skip our detailed analysis, you can go directly to the 5 Fastest Growing Economies in Asia in 2024. Asian Economy to Deliver Two-thirds to Global Growth in 2024 With global growth proving to be more […]