Douyin, the Chinese-market version of ByteDance Ltd.’s TikTok video-sharing app, surpassed 600 million daily active users in August, rising from 400 million at the start of the year.
The service has produced 41.7 billion yuan ($6.1 billion) in revenue for more than 22 million creators over the past year and the company intends to spend $1.5 billion in a push to double that figure over the next 12 months, said ByteDance China Chief Executive Officer Kelly Zhang. Our mission is to capture and present the world's creativity, knowledge, and precious life moments, directly from the mobile phone.
TikTok has been adding users quickly, while Oracle's revenue has declined in four of the eight most recent quarters. Despite TikTok’s rapid overseas growth before its recent troubles, Douyin is still ByteDance’s main money-making vehicle. TikTok is the destination for short-form mobile videos. Perfect Your Profile. Now What?Solar Panels Absorb the Sun So You Don't Have to,UBS May Be Looking at Virtual Reality Tech for Traders.Europe’s Virus Surge Hits French Finance Chief, Threatens Lo...Trump Backs Threats Against China With TikTok, WeChat Bans.Ant-Backed Brokerage Looks to Tap India’s Stock Trading Mani...IPO Frenzy This Week Nets Billions for Venture Capital Backe...WeChat Users in U.S. TikTok enables everyone to be a creator, and encourages users to share their passion and … $122.9 million of TikTok 2019 revenue comes from its home market; 69% of the total. Nonetheless, China is still biggest source of TikTok revenue through iOS users alone. This is your “page” … Adds Almost 50,000 Cases; U.K. Is on Edge: Virus Update,Canada’s Most Populous Province Extends Caps on Gatherings.So You Decided on an Electric Car. Renew Bid to Block Trump Ban of App,Douyin had 400 million daily active users in January,ByteDance China chief promises additional investment.Before it's here, it's on the Bloomberg Terminal.Have a confidential tip for our reporters?Perelman Selling Almost Everything as Pandemic Roils His Empire,Facebook Accused of Watching Instagram Users Through Cameras,Covid Grows Less Deadly as Doctors Gain Practice, Drugs Improve,Stocks Hit Six-Week Low as Tech Slide Accelerates: Markets Wrap. One of the most essential sections of TikTok is your profile. The US comes in second place, with its $36 million contribution accounting for 20% TikTok 2019 revenue. TikTok - Search TikTok Users & Hashtag & Posts, TikTok Photos and Videos, Discover & Inspiration, Picks the most popular hashtag and interesting users. Speaking at the Douyin Creator Conference Tuesday, Zhang detailed the growth of Douyin’s audience and the efforts to bolster and diversify income streams for creators.ByteDance has seen its international hit TikTok banned in India and under existential threat in the U.S., where the company is negotiating a,Started in 2016, Douyin has overtaken older rivals like,Reputable Douyin creators are able to set up their own in-app stores -- featured prominently on their profile pages and linked to during their online sessions -- that hawk everything from lipstick to smartphones. The UK, contributing 2% ($2.4 million), was in third place. This transformation also offers one potential,U.S. To be eligible for the Creator Fund, TikTok users must be at least 18 years old, have a minimum of 10,000 followers, and have accrued at least 10,000 video views in …
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