TikTok Parent ByteDance Spent Millions Lobbying Congress Before Ban Votes, Records Show [Forbes]
Meta Platforms, Inc. - Class A (META)
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Source: Forbes
swing states so far this year—as the U.S. government puts pressure on the Chinese tech company to sell TikTok or face a ban. The Chinese tech firm has already spent $2.6 million on lobbyists in 2024, and spent a total of $8 ... [+] million in 2023. ByteDance spent over $2.6 million on lobbying activities during the first quarter of 2024, according to mandatory required by the Lobbying Disclosure Act of 1995. Last year, ByteDance spent a company on lobbying during the third quarter—the last quarter ByteDance filed disclosure forms before the new year. TikTok has also spent $4.5 million on a consumer-facing advertising campaign this year, including $2.5 million since March on a television ad campaign in key swing states like Ohio and Pennsylvania, reported last week, citing data from AdImpact. The total $7.1 million from both ad buys and lobbying expenses comes close to $8 million—the total amount ByteDance spent lobbying congress for all of 2023, according to lobbying disclos
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