- Home
- Technology
- News
TikTok's leaves Twitter, Snapchat combined behind in ad revenue in 2022: report
The video-sharing app advertisement revenue is likely to triple in 2022 to more than $11 billion
Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter Inc and Snap Inc, according to research firm Insider Intelligence.
TikTok, which is owned by Chinese company ByteDance, is one of the world's most popular social media apps, with more than 1 billion active users.
"TikTok's user base has exploded in the past couple of years, and the amount of time users spend on the app is extraordinary," said Debra Aho Williamson, analyst at Insider Intelligence.
Nearly $6 billion, or more than half, of this year's ad revenue is expected to come from the United States, despite regulatory concerns over user data from U.S being passed on to China.
SOURCE: REUTERS
Apple’s executive reshuffling isn’t over
- 10 hours ago
Punjab govt's important decision regarding toll plazas for public convenience
- 9 hours ago
Azad Kashmir Information Minister Mazhar Saeed resigns
- 9 hours ago
Here’s how Apple is locking down iPhones to comply with Texas’ age verification law
- 10 hours ago
Abhishek Bachchan first time wins Best Actor Filmfare Award in 25-year career
- 8 hours ago
We’re all about to be in wearable hell
- 10 hours ago
OpenAI allegedly sent police to an AI regulation advocate’s door
- 10 hours ago
Establishing Palestine with pre-1967 borders is bedrock of Pakistan's Middle East policy: PM
- 9 hours ago
You can still snag LG’s C4 OLED TV at half the price
- 10 hours ago
Google to invest $15bn in India
- 9 hours ago
Can America recover from Trump? Here’s what new data says.
- 8 hours ago
Once a club on the rise, Liverpool in desperate need of a spark under Gareth Taylor
- 7 hours ago
