as e commerce and gaming, so all very lucrative areas. i but to give you a sense of how much bytedance as a parent . company made last year, - they made in revenue 34 billion us dollars, and out of that, it was 19 billion of profit. i and how much of that was down to tiktok? bytedance actually didn tl break down the numbers, so i am unsure. but i can tell you that - tiktok s advertising revenue is definitely growing. and when we spoke about how many users they have - in the uk right now, - in the us, they have a couple million, so you can imagine that they re a very lucrativej and a very attractive i outlet for advertisers. 0k, well, let s go to rich. rich, tiktok videos are almost all user generated, so people are making them for free, they re uploading them. i mentioned at the start of the show how successful you ve been at blurring the line between entertainment and shopping, but when you break it down, how does tiktok make money? so, tiktok s business model is primarily based on ad
an addictive app. - it has douyin and it- has today s headlines, which is a news aggregator, i and they have also other social media apps as well in their fold. and currently, they re pushing into new areas of growth such| as e commerce and gaming, so all very lucrative areas. i but to give you a sense of how much bytedance as a parent company made last year, - they made in revenue 34 billion us dollars, and out of that, | it was 19 billion of profit. and how much of that was down to tiktok? bytedance actually didn t break down the numbers, so i am unsure. - but i can tell you that - tiktok s advertising revenue is definitely growing. and when we spoke about how many users they have -