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How much is TikTok worth? Wedbush analyst Dan Ives estimates TikTok is worth “well north of $100 billion” with the algorithm — and potentially up to $200 billion in a “best case scenario
TikTok Net Worth: $50 Billion. TikTok’s worth i s valued at $50 billion. Recent estimates place the value of TikTok’s parent company, ByteDance, at $200 to $400 billion.
On Jan. 13, Donaldson began discussion of his potential bid for TikTok with a post on X that read: “Okay fine, I’ll buy Tik Tok so it doesn’t get banned” In a video posted on Jan. 15 ...
Zhang Yiming (Chinese: 张一鸣; born 1 April 1983) is a Chinese Internet entrepreneur.He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok).
TikTok reportedly made as much as a 70% commission on some of them, a figure that the company disputed. [ 253 ] In March 2024, the Italian Competition Authority fined TikTok €10 million for not protecting underage users adequately from harmful content such as the "French scar" challenge, which left heavy pinch marks on a person's cheeks. [ 254 ]
The video cost just $4500 to make and as of November 2015 has had more than 21 million views. The video was considered one of the best viral marketing campaigns of 2012 and won "Best Out-of-Nowhere Video Campaign" at the 2012 AdAge Viral Video Awards.
(Then again, it didn't spend much, either: Faze says each episode involved a crew of three people and cost around $2,000 for a two-minute show.)
In 2023, the European Journal of Business and Management Research published a study that found that TikTok users were much more likely to trust products shown in TikTok videos that had high quality videos, rather than products shown on the platform that were more useful or had lower prices. [57]