Communication Sep 15, 2020 03:48 PM (GMT+8) · EqualOcean
ByteDance' CEO Zhang Nan claimed that Douyin (TikTok's China version) MAU reached six million as of August 2020. He disclosed that over 22 million users made CNY 41.7 billion income from their Douyin contents during the past year. Contradict to Douyin's growth, TikTok is under a survival threat in the US. The company rejected Microsoft's deal and is negotiating with Oracle.
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