TikTok is a privately owned company headquartered in the US. Founded in 2016, the company operates as a subsidiary of ByteDance. It employs approximately 46,980 individuals and reported $39.0B in revenue as of 2024. The company specializes in search, social, and retail media, functioning primarily as a short-form mobile video application.
On September 11, 2026, teachers in Greece increasingly utilize TikTok for educational content, integrating subjects like history, chemistry, and biology into short video formats. Previously, on September 10, TikTok, alongside other global digital platforms, began applying Morocco’s 20% value-added tax (VAT) to services sold to Moroccan customers, a move signaling the country’s new digital tax regime is taking effect. Also on September 10, TikTok secured an investment registration certificate from the HCM City Department of Finance for a logistics project in Ho Chi Minh City, Vietnam. The project, managed by Singapore-based Tokgistic Pte Ltd for Swift Logistics Co Ltd, has a total registered capital of VNĐ25.85 trillion (US$980 million), with $196 million in contributed capital. Earlier on September 10, TikTok partnered with programmatic digital out-of-home (DOOH) platform Displayce to launch a new media campaign for the Aveeno skincare brand in the UK, making Aveeno the first skincare and beauty brand to use TikTok's 'Out of Phone' format for sun protection messaging.
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