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Elon’s Texts, TikTok’s Wins and Fails in Europe, and Guest Gabriel Debenedetti
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TikTok's Thriving in Europe and the UK
The app reported close to a billion dollars in turnover for 2021. That's nearly six times its previous take in Europe. On the other hand, it lost nearly 900 million dollars. The company says the staff compensation was the primary cost has been higher and like crazy. If you just take a straight line out, this company should be one of the three or four most valuable companies in the world in five to ten years.
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