Li Liang refutes “Byte time”; Qin Shuo says it reflects ByteDance-affiliated apps’ share of usage time exceeding 40%
Li Liang said the “Byte time” characterization was imprecise, while Qin Shuo cited report data indicating that ByteDance-affiliated apps’ share of usage time had exceeded 40%. Hongguo Short Drama also denied rumors of annualized revenue of approximately 40000000000 yuan.