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TikTok’s 2023 revenue rises 75% in Europe, UK and other markets outside US, Asia

TikTok’s 2023 revenue rises 75% in Europe, UK and other markets outside US, Asia

ByteDance-owned international short video-platform TikTok has reported total revenue of US$4.6 billion in 2023, an increase of nearly 75 per cent from a year earlier, in markets excluding the United States, Asia and Oceania. TikTok, which has more than 1 billion users worldwide, attributed that rise to “the continued growth of [its] user base”, “enhanced...