TikTok cuts worldwide revenue target by $2 billion amid weak ad revenue

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ByteDance-owned video platform TikTok has slashed its revenue target for 2022 by at least $2 billion as the global economic downturn impacts the company’s advertising revenue streams, the Financial Times reported on Wednesday, citing four sources familiar with the matter. These sources added that the actual revenue is now believed to be closer to $10 [……
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作者 gocpmall