Comment by Alifatisk
You really believe their value could drop by 90% because of this? 90%!!!
You really believe their value could drop by 90% because of this? 90%!!!
Maybe not by 90% but by a significant amount. Just doing a quick google for the userbase of TT by country and the US is the largest market with ~113M users [1]. What would happen to any company if their largest userbase just vanished overnight?
[1]: https://worldpopulationreview.com/country-rankings/tiktok-us...
They don’t publish detailed numbers (they’re very secretive about it, and whatever they do share is likely influenced by the looming ban so it not be trusted).
However, estimates suggest that their U.S. revenue is around $10 billion, while their worldwide revenue is approximately $12 billion.