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Used By Over 1.5 Million Businesses, TikTok Is Hugely Popular In The UK

Jayson 08 Nov 2023 07:20

According to foreign media reports, there are currently nearly 1.5 million TikTok businesses in the UK, including family businesses, emerging products, and businesses looking to expand, and all of them are now using the platform to keep growing their businesses.



TikTok launched in the UK in 2018 and quickly became a home for businesses of all shapes and sizes, who use the platform to attract new users and promote their products and services.

Promoting goods and services on TikTok allows businesses to reach 150 million users across Europe, and many businesses are using TikTok Shop's platform features to continuously develop new markets.



Research from Oxford Economics shows that SMEs on TikTok contributed £1.63 billion to UK GDP last year and supported 32,000 jobs, with the number of TikTok businesses reaching the 1.5 million milestone.



Hashtags like #TikTokMadeMeBuyIt have been viewed more than 74 billion times, making TikTok the destination for people to discover the hottest products in beauty, fashion, food, tech, and more.



TikTok also provides training and support to budding entrepreneurs at its SME Center, which also showcases 25 outstanding businesses. In addition, the new center will also provide a helpful resource for other small businesses and start-ups where they can get information and inspiration on how to use TikTok to grow their business.