Filings: TikTok’s European business reports $990M revenue in 2021, up from $172M in 2020, and a $896M loss due to increased spending on its 4,396 staff (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times:
Filings: TikTok’s European business reports $990M revenue in 2021, up from $172M in 2020, and a $896M loss due to increased spending on its 4,396 staff  —  Social media platform records revenues of more than $990mn after recruiting thousands more staff  —  TikTok increased its European …