ByteDance 2025 profit drops over 70% amid surging AI investment

ByteDance’s 2025 net profit reportedly fell more than 70% year on year after heavy AI investment in late 2024.

Profit margins weakened even as overseas revenue rose nearly 50% and domestic revenue grew about 20%.

TikTok Shop GMV climbed nearly 70%, showing strong commerce growth alongside the profit squeeze.

ByteDance did not comment on the report.