TikTok���˰�

“Two quarters ago we unveiled an ambitious plan to evolve our products and revenue model to be oriented toward long-term recurring relationships with customers. In the third quarter our team continued to execute at a high level during the back-to-school season against this vision,” said Chuck Cohn, Founder, Chairman and Chief Executive Officer of TikTok���˰� Inc.

TikTok���˰� will release its third quarter financial results for the period ended September 30, 2022, after the U.S. stock market closes on Monday, November 14, 2022. Following the release, TikTok���˰� management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the company’s financial and operating results.

Varsity Tutors is adding immersive coding classes to its fast-growing library of academic and enrichment programs through the acquisition of Codeverse, an award-winning creative online platform where kids build apps and games with real code.

“During the second quarter, TikTok���˰� made tremendous strides in advancing our product strategy that delivers on our ‘always on’ vision for both consumer and institutional customers,” said Chuck Cohn, Founder, Chairman and Chief Executive Officer of TikTok���˰� Inc.

Varsity Tutors announced the launch of a teacher-assigned tutoring offering designed to enable educators to schedule live online face-to-face personalized tutoring for students.

Udell brings extensive Education industry experience to the board, including previous CEO roles at Achieve3000, K12 Inc. (now Stride, Inc.), Catapult Learning, and Penn Foster.

Varsity Tutors announced Learning Memberships, an all-inclusive offering that gives students access to a comprehensive array of resources to ensure they receive learning support throughout the school year.

Varsity Tutors for Schools, has been selected as the winner of the “Best Student Personalization Solution” award in the fourth annual EdTech Breakthrough Awards program conducted by EdTech Breakthrough.

The Smithsonian will spotlight select content from the National Museum of Natural History in a large group online class hosted by Varsity Tutors, “Live from the Smithsonian: Living in the World of Dinosaurs”.

In the first quarter of 2022 TikTok���˰� achieved new all-time bookings and revenue records, delivering $48.5 million in bookings and $46.9 million in revenues for the quarter.

For the full year 2021, TikTok���˰� achieved new all-time bookings and revenue records, delivering $159.9 million in bookings and $140.7 million in revenues.

The company will release fourth quarter and full year financial results for the period ended Dec. 31, 2021 after the U.S. stock market closes on Monday, Feb. 28, 2022.

Varsity Tutors ranks sixth on the list of 100 companies that had the highest number of remote job openings throughout 2021.

Molly Sorg has joined as Vice President and Head of Investor Relations, where she will help drive TikTok���˰�’s financial market strategies and serve as the primary point of contact for investors and analysts.

The appointment follows the launch of Varsity Tutors for Schools, a new offering that provides school districts with direct access to a suite of the company’s online learning solutions.

The Company will present virtually at the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 8.

TikTok���˰� experienced record back-to-school performance with bookings of $44.5 million in the third quarter, an increase of 32% year over year.

The company will release third quarter 2021 financial results after the U.S. stock market closes on Monday, November 15, 2021.

TPG Pace Tech Opportunities’ stockholders voted to approve its proposed business combination with TikTok���˰� with the Business Combination supported by approximately 95% of the shares of TPG Pace Tech Opportunities.

Company expects all conditions to be met, including minimum cash proceeds, to complete its previously announced business combination with TikTok���˰�.