TikTok UK

Type
Business expansion
Country
United Kingdom
Region
London; Inner London - West;
Location of affected unit(s)
London
Sector
Information / Computing
63 - Computing infrastructure, data processing, hosting and other information service activities
63.9 - Web search portal activities and other information service activities
63.92 - Other information service activities
117 jobs
Number of planned job creations
Job creation
Announcement Date
9 May 2020
Employment effect (start)
Foreseen end date

Description

TikTok UK, the British subsidiary of the China-based multinational internet technology company ByteDance, has created 117 new jobs in London.

The new roles mainly include software developers as well product managers. The recruitment process is already ongoing, and some of the vacancies are advertised on TikTok's career website.

The reasons at the basis of the business expansion of TikTok in the UK rely on the increasing popularity of its video sharing app among teenagers, also in Europe. In 2019 it has surpassed a billion app downloads worldwide, with an estimated number of monthly active users of 625 million.

TikTok is a video-sharing social networking service owned by ByteDance, a Chinese company founded in 2012. Its app is available in over 150 markets and in 75 languages.

Sources

Citation

Eurofound (2020), TikTok UK, Business expansion in United Kingdom, factsheet number 100735, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100735.