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Can TikTok's owner afford to lose its killer app?
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๐ Abstract
The article discusses the potential risks for TikTok's owner, ByteDance, if it were to lose its popular video-sharing app TikTok.
๐ Q&A
[01] Can TikTok's owner afford to lose its killer app?
1. What are the potential risks for ByteDance if it were to lose TikTok?
- TikTok is ByteDance's most valuable and fastest-growing product, accounting for a significant portion of the company's revenue and user base.
- Losing TikTok would be a major blow to ByteDance, as it would lose its primary source of growth and profitability.
- Without TikTok, ByteDance would struggle to maintain its position as a leading tech company and would face significant challenges in diversifying its business and finding a new "killer app" to replace TikTok.
Shared by Daniel Chen ยท
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