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TikTok's ad revenue to surpass Twitter and Snapchat combined in 2022 - report

Facebook, TikTok, Twitter, YouTube and Instagram apps are seen on a smartphone in this illustration taken, on July 13, 2021. [Reuters]

 

Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter Inc (TWTR.N) and Snap Inc (SNAP.N), according to research firm Insider Intelligence.

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