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TikTok Live set to make US$77 billion in annual sales, lawsuit shows

SCMP LogoSCMP4h ago

TikTok Live set to make US$77 billion in annual sales, lawsuit shows - SCMP

Quick Summary:

The app, which faces a US lawsuit alleging child exploitation, is said to have made $1.7 billion sales from TikTok Live in one quarter.

TikTok Live is one of the app’s most popular features, and has become even more central to the platform since the launch of TikTok Shop in late 2023 because sellers and creators are increasingly leaning on live streams to sell products.

TikTok has denied accusations that it is doing little to protect teenagers on the app.

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TikTok Live set to make US$77 billion in annual sales, lawsuit shows - SCMP (Picture 1)

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 11:18:26 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 259 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26654085

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 20 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 26 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "TikTok Live set to make US$77 billion in annual sales, lawsuit shows" has 259 words across 9 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "TikTok Live set to make US$77 billion in annual sales, lawsuit shows" was covered 4 hours ago by SCMP, a news publisher based in Hong Kong.

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SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 20 news stories per day.

It's most recent story was published 26 minutes ago.

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  • News ID: #26654085
  • URL: https://beamstart.com/news/tiktok-live-set-to-make-17410590273693

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