TikTok's operations in the United Kingdom, Europe and Latin America more than doubled revenues since 2022, when the company brought in $2.6 billion, based on filings submitted to Companies House. The U.K. is TikTok's biggest user market in Europe, with over 30 million U.K. users. There are now over 1 .5 million British businesses on TikTok, contributing £1.6 billion ($US2.17 billion) to the U.K. economy. The company employs 3,000 U.K. staff. The revenue growth and business adoption indicate rapid monetization and notable economic impact across these regions.
TikTok's operations in the United Kingdom, Europe, and Latin America more than doubled revenues since 2022, when the company brought in $2.6 billion, according to filings submitted to Companies House, the U.K's corporate registry.
The U.K. is TikTok's biggest user market in Europe, with over 30 million U.K. users. TikTok also says that there are now over 1 .5 million British businesses on TikTok, contributing £1.6 billion to the U.K. economy ($US2.17 billion), while the company itself employs 3,000 U.K. employees.
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