Comment on TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending
Arkouda@lemmy.ca 6 days agoUsers spend real money to buy creators virtual gifts, which can then be cashed out as fiat currency, with TikTok retaining 50% of the payout.
Should probably read the article before ceding your point.
Telorand@reddthat.com 6 days ago
Normally I would, but honestly, I think TikTok is a net negative, so my interest in how they get their profits virtually zero.
Nima@leminal.space 6 days ago
spent time writing quite a few comments for something you don’t have any interest in.
Telorand@reddthat.com 6 days ago
Welcome to the internet.