We are committed to maintaining your trust, and we want you to understand when and with whom we may share the information we collect. We will share your information with the following selected third parties:
Authorized third-party vendors and service providers.
We share your information with third-party vendors and service providers that help us perform our business operations, including research, payment processing and transaction fulfillment, database maintenance, contest administration, technology services, deliveries, email deployment, advertising, analytics, measurement, data storage and hosting, disaster recovery, search engine optimization, marketing, and data processing.
2. Business partners.
We may share your information with our business partners so that we can make you special offers via the Platform.
3. Corporate group-
We may share your information with a parent, subsidiary, or other affiliate of our corporate group
4. Business transfers.
We may share your information in connection with a substantial corporate transaction, such as the sale of a website, a merger, consolidation, asset sale, or in the unlikely event of bankruptcy.
6. Legal purposes.
We may disclose information to respond to subpoenas, court orders, legal process, law enforcement requests, legal claims or government inquiries, and to protect and defend the rights, interests, safety, and security of TikTok Inc, our affiliates, users, or the public.
We give advertisers reports about the types of people seeing their ads and how their ads are performing.
7. With your consent.
We may share information for any other purposes disclosed to you at the time we collect the information or pursuant to your consent.
Courtesy: Tiktok official website
So yes they can sell your data to anyone and make money from it.