revenue in APAC reached close to two billion U.S. dollars.
In 2021, short-form video app TikTok's cost of sales amounted to approximately 2.98 billion U.S. dollars across the Asia-Pacific region. This represented a significant increase from around 1.3 billion dollars reported in the previous year. That year, the platform's Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars)
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DealStreetAsia. (March 28, 2023). Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/
DealStreetAsia. "Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars)." Chart. March 28, 2023. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/
DealStreetAsia. (2023). Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/
DealStreetAsia. "Tiktok's Cost of Sales in The Asia-pacific Region from 2019 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Mar 2023, https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/
DealStreetAsia, Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/ (last visited April 18, 2024)
Tiktok's cost of sales in the Asia-Pacific region from 2019 to 2021 (in billion U.S. dollars) [Graph], DealStreetAsia, March 28, 2023. [Online]. Available: https://www.statista.com/statistics/1375812/apac-tiktok-cost-of-sales/