In April ByteDance’s Volcano Engine raised its 2026 MaaS revenue target to 15
bln yuan from a 10 bln yuan target at end‑2025. Full‑year MaaS revenue in 2025
was about 1.5 bln yuan, making the 2026 target roughly 10x last year’s actual.
Industry sources say the Seedance 2.0 model alone is already generating over 1
bln yuan in monthly revenue and is still ramping. That monthly run‑rate was
achieved before a full overseas API rollout, and Volcano Engine is likely to
further raise its MaaS target.
