The number of TikTok monthly users exceeds one billion.
- TikTok is an app that has been embraced by many smartphone users around the world. Although there are different opinions about TikTok in Sri Lanka, a large number of people use this app on their smartphones. TikTok recently announced that it has surpassed one billion active users a month, despite various political obstacles from countries with large Internet usage, such as the United States and India.
- The U.S. government has imposed heavy sanctions on Chinese company TikTok, accusing it of data collection and spying on American citizens. During the Trump administration, the US government even took steps to ban TikTok in the United States. But it is reported that President Biden has discarded these tough decisions.
@tiktok ✨ 1 billion✨ people on TikTok! Thank you to our global community 🎉
♬ original sound - TikTok
- Due to the current epidemic, the TikTok app has grown. TikTok has the potential to be the most downloaded app in the world in the first quarter of 2020. According to some research companies, the TikTok app had about 315 million downloads in that quarter alone. Last July, TikTok became the first app to reach 3 billion downloads worldwide, excluding Facebook apps.
- Revenue from Byte Dance, the parent company of TikTok, has also increased with this growth. It is reported that their income in 2020 will be almost double the income earned in 2019 at the same time. Surveys by companies such as Sensor Tower have revealed that 25% more users will be using TikTok by August this year than in August 2020. By June of this year, Byte Dance will be worth about $ 425 billion.
- To compete with TikTok, the world's leading tech companies have launched their short-form video services. Instagram Reels, YouTube Shorts and Snapchat Spotlight are just a few. Instagram Reels is the only one of these services that has had some success. TikTok can continue to grow no matter how competitive it is. As reported last month, TikTok users in the US spend more time watching TikTok content than YouTube users.


No comments:
Post a Comment
Thank you for your comment on my blog.