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CTI 75: The past, present, and future of Bytedance, with Zheping Huang (plus Kuaishou earnings)
China Tech Investor
Revenue Sharing to Streamers and Related Taxes
There was some another thing i want just bring up about numbers. Someone actually brought this up on the call, and it is kind of a head scratcher. And their response really didn't, didn't answer it, and kind of left more questions than answers. They break this out called revenue sharing to streamers and related taxes. That's what used to call it. Now it's just called revenue sharing. This as a % of live streaming, cause it used to be to streamers. So it went up to 70%. It used to be very stable. I mean, like every quarter around 56, 57%, usually around 57,. The commerce business is now has a little bit of
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