Hacker News new | ask | show | jobs
by yomby 267 days ago
This is only for TikTok US, which represents about 4% of their user base, but around 36% of their revenue. 45% of adults in the US are active users of TikTok, so it is still a bargain.
1 comments

according to some sources TikTok US generates $10B.

14B for 10B revenue is a steal. Snapchat generates less revenue (~6-7B), with stalled growth, costs 14B in public markets

Crazy! They'll eventually take it public and make at least 10x on that IPO