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China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech industry, particularly in areas like AI (Bloomberg)

Bloomberg : China's tech giants are ramping up M&A and investment deals as the government shifts its stance to support the tech i...

21 January 2025

Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US (Marta Balaga/Variety)

Marta Balaga / Variety:
Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US  —  By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S.

Posted from: this blog via Microsoft Power Automate.

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