Group 1 - ByteDance's valuation is set to exceed $330 billion, driven by sustained profit growth [2] - The company is launching a new employee stock buyback program at $200.41 per share, a 5.5% increase from approximately $189.9 six months ago [2] - ByteDance reported a 25% year-on-year increase in Q2 revenue, reaching $48 billion, surpassing Meta's revenue for the quarter [2] Group 2 - The strong demand for advertising has contributed to ByteDance's revenue growth, with the quarterly increase exceeding 20% for two consecutive quarters [2] - In Q1, ByteDance's revenue exceeded $43 billion, making it the largest social media platform globally by revenue, surpassing Meta [2]