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TikTok-owner ByteDance’s aggressive mobile gaming push is paying off as player spending grows

TikTok-owner ByteDance's aggressive mobile gaming push is paying off as player spending grows

ByteDance has been investing in its mobile gaming business through key acquisitions and is finding success outside of China.

Omar Marques | Sopa Images | Lightrocket | Getty Images

Chinese internet giant ByteDance’s nascent foray into gaming is showing signs of promise with spending across its mobile titles growing over the past year as it looks to challenge rivals Tencent and NetEase.

The TikTok owner generated $1 billion of player spending…


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