LONDON, george washington fun facts for kids Oct 19 (Reuters) - British online fashion retailer ASOS reported an 89% drop in 2021-22 profit and forecast a first half loss in its new financial year, blaming significant volatility in the macroeconomic environment.

ByteDance's Chinese products, including Douyin, news aggregator Toutiao, video-streaming platform Xigua, will be folded into the Douyin unit, which will take over all "information and service" operations in the Chinese market.

The group, whose shares have fallen 80% this year, made adjusted profit before tax of 22 million pounds ($24.9 million)in the year to August 31 2022, in line with guidance that was lowered last month and down from the pandemic boosted 193.6 million pounds made in 2020-21.



BEIJING, Nov 2 (Reuters) - TikTok CEO Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video platform full time, according to an internal memo the company shared with Reuters.

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