Caixin Explains: Five Things to Know About TikTok's Future
newscatcher
2022-10-14 11:30
Caixin Explains: Five Things to Know About TikTok's Future
The TikTok logo is displayed on the beach during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. Photo: IC Photo ByteDance Ltd.'s short-video app TikTok has 1 billion global monthly active users, exceeding half the combined total of Facebook, Instagram, Messenger and WhatsApp, and many more than the 680 million of its Chinese twin Douyin. But the massive user base hasn't brought in as much revenue as Douyin. In 2021, TikTok's total revenue reached 30 billion yuan ($4.

https://www.caixinglobal.com/2022-10-14/caixin-explains-five-things-to-know-about-tiktoks-future-101951869.html

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