Data Point: Venture Firms’ $290 Billion ‘Dry Powder’ is About to Revive Startup FundingRead Now

Briefing

TikTok Is Testing Paid Subscriptions

By Mahira Dayal
· · Source: The Information

TikTok is testing the idea of allowing its creators to charge subscriptions for their content, a spokesperson told The Information. Earlier Wednesday, rival Instagram announced it was offering paid subscriptions to a small group of influencers. Currently ByteDance-owned TikTok supports tips, which let fans send creators money through their profiles. Viewers can also react to videos by buying...

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