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Tiktok probably will move out of US market then US market is great to have, but there is still the rest of the world too
by dudisubekti 2y ago
Tiktok probably will move out of US market then
US market is great to have, but there is still the rest of the world too
- quonn 2y agoThat doesn‘t really make sense financially. It would be more reasonable to sell.
- happymellon 2y agoHow does owning a company and making money, just not in one country, not make sense vs. not owning a company and letting other people make money?
- quonn 2y agoThey can keep the company, just not in the US. Furthermore it really depends on the price. If I make an annual profit x that is expected to grow to y eventually, then I would certainly sell you that company for 100 * y. Maybe even 10 * y.
- dudisubekti 2y agoWait so if Bytedance divested… there can be two Tiktoks? Tiktok US and Tiktok world?
- quonn 2y agoThat‘s my understanding.
- nickthegreek 2y agoThe good American content would be gone, which is a large part of it making money.
- cad31 2y ago[dead]
- TMWNN 2y ago>Tiktok probably will move out of US market then When the Trump administration came close to forcing a divestment/shutdown on TikTok in 2020,^1 Americans were 10% of TikTok's user base but 50% of revenue. Of the top 50 most-followed accounts <https://en.wikipedia.org/wiki/List_of_most-followed_TikTok_accounts https://en.wikipedia.org/wiki/List_of_most-followed_TikTok_a...>, 21 of 50 are American. ^1 And boy, do Democrats who shouted Orange Man Bad back then now wish they had supported the move
- dudisubekti 2y agoYeah I’m sure it hurts Bytedance if they lose the US market, which is why they broadcasted the call to action to US Tiktokers before. But that’s life, sometimes you win, sometimes you lose.