Comment by SiempreViernes
Comment by SiempreViernes 4 days ago
Some Japanese tried to buy one the these supposedly perfectly "independent private compan[ies]", and the US president said no, but that's completely different I'm sure.
Comment by SiempreViernes 4 days ago
Some Japanese tried to buy one the these supposedly perfectly "independent private compan[ies]", and the US president said no, but that's completely different I'm sure.
> because TikTok is still massively profitable without US
Do we know that? In almost all cases for mobile apps, the US is far and away the largest and most profitable market for any business. I'd also be surprised if the TikTok shop for example is profitable (or available?) outside the US.
I think something like 8/18B revenue (mostly ads) this year is from US. So it's subtantial, but 10B is not chomp change, and theoretically TikTok has growth potential since TikTok algo is competitive with western platforms, which cannot be said for US steel vs other modern metallurgy facilities. Compared to douyin in PRC, TikTok hasn't even began monetizing / ecommerce, which TBH would probably kill its popularity.
I am talking about Tiktok users, not Douyin. Douyin itself has almost a billion users.
Markets are not countries are not ecosystems. The EU is fragmented by countries but it's a single market, again with more users than the US.
Your stat about revenue is misleading and outdated. Turkey for example generates almost as much revenue as the US, and many markets are currently in the process of being monetized which will take some time, the potential revenue is something Bytedance is going to factor in more than current revenue when it makes a major strategic decision.
right instead Biden ordered US Steel to close and cease all operations, just like Beijing is doing to TikTok. /sarcasm
there is no comparison between these events