Sequoia and other foreign investors are planning to acquire tiktok and are in contact with Zhang Yiming

category:Finance
 Sequoia and other foreign investors are planning to acquire tiktok and are in contact with Zhang Yiming


There were also market rumors that byte hopping might sell tiktok to companies like snap, which are smaller in size but can cooperate in the video business. But the news was denied by an investor.

At present, the valuation of byte skipping has exceeded US $150 billion, and the layout of tiktok in foreign countries has become an important reason for the high valuation of byte skipping.

According to the data of sensor tower, in 2019, tiktok has 1.5 billion users in the world, with the growth of 614 million users in that year; in the first half of 2020, tiktoks download volume reached 626 million times, ranking the first in the world; its revenue generated in apple and Google systems was 421 million US dollars, ranking the third in the world.

Although tiktok cant get through to Amazon, eBay and other online shopping platforms for the time being, it mainly relies on advertising business to obtain most of its revenue, and advertising liquidation will be its core flow realization mode at present. However, according to appsflyer data, tiktok has entered the top 10 advertising platforms in the world. In order to maintain its position in the global market, tiktok is actively facing the pressure of policy environment and striving to shift its business focus to the North American market. Recently, in addition to rapidly building a pure foreign executive team, tiktok has also heard that its headquarters may move out of China and recruit 10000 U.S. jobs in the next three years. Industry insiders said that in any case, byte skipping to split tiktok will be a complex and long process. Extended reading is fixed! Tokyo Olympic Games will open on July 23, 2021! Gold store price rises twice in half a month, Hong Kong gold store is robbed of millions of gold! News of the first stock market_ NF4368

Although tiktok cant get through to Amazon, eBay and other online shopping platforms for the time being, it mainly relies on advertising business to obtain most of its revenue, and advertising liquidation will be its core flow realization mode at present. However, according to appsflyer data, tiktok has entered the top 10 advertising platforms in the world.

Industry insiders said that in any case, byte skipping to split tiktok will be a complex and long process.