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Briefing

TikTok’s European Revenue Hits $990 Million in 2021

By
Kaya Yurieff
· · Source: The Information

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...

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