HomeTechnologyTikTok, Struggling With Slowing Digital-Advertising Industry, Lowers Ad-Revenue Outlook

TikTok, Struggling With Slowing Digital-Advertising Industry, Lowers Ad-Revenue Outlook

November 11, 2022

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The company has cut its target for this year’s ad revenue to $10 billion from at least $12 billion, CEO Shou Zi Chew told staff in recent weeks.

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