TikTok Appoints former Google Executive LEE HUNTER as GM | ASX Market Update

  • Jun 16, 2020 AEST
  • Team Kalkine

As per weekly payroll figures from ABS, total payroll jobs increased by 1% in May. Total Payroll job losses recovered to 7.5% in May end from the peak of 8.9% in mid-April. Number of Payroll jobs rose by 0.4% from 23 May to 30 May while total wages paid rose 0.7%. Payroll jobs in accommodation and food services industry rose 5% in May. Payroll jobs worked by females rose 1.4% in contrast to 0.4% for males.

According to the Australian Bureau of Statistics (ABS), residential property prices rose by 1.6% in the March quarter 2020. All capital cities noted an increase in residential property prices in the March quarter 2020, with the two largest cities across Australia, 1.9% in Sydney and 2.1% in Melbourne, continuing to lead the rises. House prices in Sydney and Melbourne rose by 2.6% and 2.3% respectively, while attached dwelling prices climbed by 0.8% in Sydney and 1.5% in Melbourne.

Video-sharing application TikTok has appointed former Google executive Lee Hunter as general manager for its newly created local operation. Mr Hunter, a former global head of brand at YouTube and Google's former head of marketing innovation and strategy, is one of several executives appointed to lead the Australian division of the Chinese-owned company.

#Tiktok #ABS #Australia #kalkine


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