ItcomesasjustLastweek, BidenpausedlegalactionagainsttheChineseownedcompanyin a lawsuitthatcouldhaveseentheAPPbannedintheUSAlthoughtaketalks, USadvertisingbusinessisestimatedtobesmallcomparedwithlargersocialplatforms.
AstheAPPseekstoearnmoremoneyandcapitalizeonitslargeGen Z audience, itsrevenueambitionshavegrownandnowincludessellingtopdollaradpackagescenteredaroundholidaysormajoreventstocelebrateBlackHistoryMonth.
Ticktockwillhold a virtualeventwith 500 blackcreatorsonThursdayandhasinvitedbrandstosponsortheeventfor $750,000 accordingto a TicTacslidedeckobtainedbyReuters.