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TikTok still losing money though Operating Loss At TikTok Parent ByteDance Topped $7 Billion Last Year, WSJ Reports [1] [1] https://www.wsj.com/articles/tikto
by toephu2 4y ago
TikTok still losing money though
Operating Loss At TikTok Parent ByteDance Topped $7 Billion Last Year, WSJ Reports [1]
[1] https://www.wsj.com/articles/tiktok-parent-bytedance-sees-losses-swell-in-push-for-growth-11665071238 https://www.wsj.com/articles/tiktok-parent-bytedance-sees-lo...
- coffeebeqn 4y agoTheir infra is more expensive- all content is decent quality video instead of text and fairly low res images - and from what I can tell the ad network is not very robust. Not too surprising