1. TikTok this week announced that is giving $125 Million in ad credits amid the COVID-19 pandemic.
  2. Alex Zhu, President at TikTok, wrote that “TikTok is committed to help Small and Mid-size businesses weather this crisis, and the ad credits are to help companies get back on their feet economies can restart normal activity.”
  3. TikTok is providing $25 million in prominent “in-feed” advertising space for Nonprofit Organizations, trusted health sources and local authorities, allowing them to share their important messages with millions of people.
  4. TikTok ad credits will begin to roll out to markets in the coming months, depending upon the decisions of public health authorities around the world regarding when and how to restart business operations.

SCOOTER NOTE: With over 800 million monthly active users, you will want to think about TikTok advertising, especially if you’re looking to reach users under the age of 30. Click to contact TikTok and see if your business qualifies for TikTok ads.