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    ByteDance profit plunges on AI push as TikTok Shop powers overseas growth: reports

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    Source: South China Morning Post
    Published: 2026-04-20 21:00 UTC+10:00
    Section: ByteDance
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Business, Asia, Technology & AI, China, Financial Markets, Asia Pacific, Technology
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    Snippet:
    ‘All-in’ AI drive cuts profits by 70 per cent, while booming TikTok Shop sales help overseas markets outpace China, reports say
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