Technology
TikTok’s Irish arm reports sharp rise in revenues
Staff costs ballooned last year as headcount rose to 2,631 employers versus 1,753 in 2021.
The Irish arm of TikTok reported revenues of $350 million last year, as against $203 million a year earlier as profits fell.
The social media platform said staff costs ballooned during the year to $195 million from $128.7 million due to a sharp rise in the number of employees it has.
Headcount rose to 2,631 in 2022 compared to 1,753 a year earlier.
TikTok Technology Limited provides services related to content moderation, data controlling of ...