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Re:ByteDance plans TikTok IPO to win U.S. deal as deadline l... by DLay on Friday September 18, 2020 @07:56PM (#24523089)
Bytedance paid $1 billion in advertisements in 2018. Anyone remember how annoying and ubiquitous their ads were?

That was on top of purchasing Musically for $800m, partially for their existing U.S. user base.

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