Foreign media: The number of users of the short video platform Douyin in Hong Kong has reached 40% of the city's population of 7.5 million, approximately 3 million monthly active users (MAU), an increase of nearly 150% compared to the end of 2022.

According to a report by the American technology media The Information last April, ByteDance's overseas revenue reached $39 billion in 2024, mainly from TikTok. In the second half of this year, ByteDance plans to expand the e-commerce functions of Douyin in Hong Kong, using short videos and marketing services to help restaurants attract more customers.

Original article: https://www.toutiao.com/article/1834101818772484/

Disclaimer: This article only represents the author's personal views.