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Snap CEO: TikTok's Success Due to 'Billions And Billions of Dollars' Spent by Communist China

Speaking at the Code Conference in Los Angeles, Snap CEO Evan Spiegel gave his thoughts on how China-owned TikTok has dominated the online video market in such a short space of time. Spiegel explained how Communist China has overpowered social media through seemingly unlimited spending, saying: "What nobody had anticipated in the United States was the level of investment that ByteDance made into the U.S. market, and of course in Europe, because it was just something that was unimaginable �...
United States Hong Kong San Francisco John Lee Hong Kongs Jens Kalaene

Snap CEO: TikTok's Success Due to 'Billions And Billions of Dollars' Spent by Communist China

Speaking at the Code Conference in Los Angeles, Snap CEO Evan Spiegel gave his thoughts on how China-owned TikTok has dominated the online video market in such a short space of time. Spiegel explained how Communist China has overpowered social media through seemingly unlimited spending, saying: "What nobody had anticipated in the United States was the level of investment that ByteDance made into the U.S. market, and of course in Europe, because it was just something that was unimaginable �...
United States Hong Kong San Francisco John Lee Hong Kongs Jens Kalaene

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