Tech

Filing: ByteDance says TikTok UK had sales of $20M in 2019, with a loss of $119.5M, driven by advertising and marketing expenses of $109M (Giles Turner/Bloomberg)



Giles Turner / Bloomberg:

Filing: ByteDance says TikTok UK had sales of $20M in 2019, with a loss of $119.5M, driven by advertising and marketing expenses of $109M  —  – Chinese owner ByteDance has not disclosed global figures  — Video-sharing app has been rapidly expanding in U.K.




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