TikTok’s European revenue soared 477% in 2021 as its userbase grew and the company improved its advertising offering. Revenue hit about $990.5 million for the year ending December 31, 2021, according to a filing with U.K.‘s Companies House, up from $171.6 million a year earlier. The Financial Times earlier reported on the revenue figures. The ByteDance-owned company said the increase was...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive startups entertainment
MasterClass Takes a Crash Course in Frugality
MasterClass had a problem with the shoot featuring its latest star instructor, Walt Disney Co. CEO Bob Iger. The startup was emerging as a poster child of the new media landscape, one that was bringing Hollywood-style production values and A-list celebrities to a category—online education—often associated with dry lectures and crummy camera work. For a course on business strategy...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive google semiconductors
To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier
Exclusive startups Finance
Instacart’s Secret Deals With Grocery Giants
When Instacart goes public on Tuesday, at least one shareholder likely to make money is its own customer: grocery giant Albertsons, one of several retailers that quietly struck stock deals with Instacart years ago that remained a closely held secret inside the delivery company, people familiar with the matter said.