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According to the news, byte jump is expected to surpass Tencent's sales in 2023, increasing by 30% to 110 billion US dollars.

2024-04-25 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

CTOnews.com, December 20 (Xinhua) according to market news obtained by Bloomberg, byte jump sales are expected to grow by 30% to $110 billion in 2023 (CTOnews.com Note: currently about 784.3 billion yuan), surpassing Tencent.

The world's most valuable start-up (byte jump) is growing at roughly the same rate as 30 per cent in 2022, when it reported sales of more than $80 billion, according to people familiar with the matter. The person spoke on the condition of anonymity because the information was not made public.

According to the Securities Times e Company on December 6, a source who spoke on condition of anonymity said that Byte Jump will buy back $5 billion worth of options from investors, and its IPO plan has not yet been determined.

Byte Jump announced in November that its game business will shrink on a large scale overnight-games that are already online and performing well will seek divestment under the condition of guaranteed operation, and for projects that have not yet been launched, except for a small number of innovative projects and related technology projects, will be shut down.

Reuters also reported in November that byte jump had been meeting with potential buyers to discuss the sale of its gaming unit, pupil technology, according to people familiar with the matter.

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