ByteDance’s Seedance hits 50% overseas revenue share

The split matters less as a milestone than as a signal about where demand for video-generation models is actually monetizing: overseas buyers are scaling fast, while domestic growth leans on a concentrated set of platform customers. That concentration cuts both ways — Tencent and Bilibili anchor Chinese revenue, but their token consumption is also a dependency worth watching. Whether the overseas share keeps climbing, or domestic platform spending reaccelerates, is the open question for anyone tracking how AI video capacity gets absorbed.