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ByteDance, the parent company of TikTok, reportedly generated about $58 billion in revenue in 2021, according to a January report by Reuters. If accurate, that was a 70% increase year over year ...
By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S. As revealed by Omdia’s Senior Research Director María Rua Aguete at a Content Americas panel, it ...
ByteDance's revenue of $120 billion in 2023 was up about 40% from a year earlier, driven by TikTok's exploding growth, although China accounts for a big portion of the company's sales, the FT ...
TikTok: ByteDance China: 2016 1.582 billion [3] 5 WeChat: Tencent China: 2011 1.343 billion [3] 6 Messenger: Meta Platforms United States: 2011 1.01 billion [3] 7 Telegram: Telegram United Arab Emirates [5] 2013 950 million [6] 8 LinkedIn: Microsoft United States: 2003 930 million [7] 700 million registered users [7] 9 Snapchat: Snap Inc ...
Name Type MAU Year Ref YouTube: video 2,680,000,000 2023 [1]Tencent Video: video 597,000,000 2023 [2]TikTok: video 1,060,000,000 2023 [3]Tencent Music: music
According to newly released third-party data, TikTok has reason to dance. The famous short-video application saw its in-app purchase revenue rise 310% on a year-over-year basis, according to ...
The share of U.S. adults who regularly get news from TikTok hit 14% in 2023. [234] By July 2023, TikTok has become the primary news source for British teenagers on social media, with 28% of 12 to 15-year-olds relying on the platform, while traditional sources like BBC One/Two are more trusted at 82%, according to a report by UK regulator Ofcom ...
Authored by Oxford Economics, the commissioned study claims TikTok drove $14.7 billion in revenue in a dozen key sectors in the US economy and contributed $24.2 billion to overall GDP in 2023.