TikTok's ad revenue to surpass Twitter and Snapchat combined in 2022

TikTok's ad revenue to surpass Twitter and Snapchat combined in 2022

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.

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