EU lobbying expenses of TikTok Technology Ltd. 2019-2021
In 2021, ByteDance-owned TikTok Technology Ltd. spent between 900 thousand euros and one million euros spent on its lobbying activities in the European Union (EU). Between 2019 and 2021, TikTok has increased its lobbying efforts by 100 percent, going from spending 450 thousand euros in 2019 to an approximate 900 thousand euros in the last reported year. The popular social media and short-video company has been directing its lobbying efforts toward the European Democracy Action Plan and the Digital Services Act (DSV) among other initiatives.