One of the most talked about social media platforms of recent times TikTokoffers content creators the opportunity to generate income. At the same time, the platform also manages to increase its own revenues. Alright ByteDance under the roof TikTokHow much income did you earn last year?
TikTok revenue increased by 60 percent!
TikTokto content producers TikTok Creativity And TikTok Rewards In addition to its programs, it offers the opportunity to earn income through gifts received from viewers during live broadcasts. The platform receives a share of the revenues generated through this method.
According to a news shared by Bloomberg TikTokowner of ByteDanceearned income from the social media application last year. 60 percent increased by . Accordingly, the gain is 40 billion dollarsrose to . This figure will increase in 2022 25 billion dollarswas.
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In this gain TikToklaunched by the USA and countries in Southeast Asia. TikTok ShopIt also has an effect. For those who don’t know TikTok Shop, allows sellers to run their e-commerce businesses through the social media platform. As you can guess, the company receives a commission from the sales made here.
TikTok may lose a significant portion of its revenue
for the last few months United States of America And TikTokWe’re not on good terms with each other. The platform is facing a ban. This ban proposal, which was accepted as a result of the vote in the House of Representatives, will be brought to the agenda of the Senate, the other branch of the United States Congress. If it passes here, it will be finally submitted to President Biden for approval.
If the bill in question is approved ByteDance‘of TikTok He has only one option to avoid the ban: Selling the app to a US company. The Chinese company will be given 6 months for this. If the Senate and President Biden approve the bill, the countdown will begin.
Tens of millions of people living in the United States TikTok user is included. In this context, if the application is banned in the country, this ByteDance It means a significant loss of income for