ByteDance’s video-generation model Seedance now derives about 50% of revenue
from overseas markets, with overseas revenue up nearly fivefold in the past six
months, people close to Volcano Engine said. Overseas markets have become a
major commercial battleground. Domestically, internet platforms remain
Seedance’s primary customers: Tencent ranks among the top three Chinese clients
by token consumption and revenue contribution, and Bilibili sits in the top ten.
