TikTok reaches 1 billion monthly users

App Store TikTok app logo.

Jakub Porzycki | NurPhoto | Getty Images

Ticktaku Revealed on monday With 1 billion active global users, it shows that short video apps are growing steadily.

Privately owned by Chinese company Bytedance, TikTok has reported a surge in users over the past few years, with many US viewers participating in the Covid-19 pandemic.

TikTok said it has about 55 million global users by January 2018. By December 2018, that number had exceeded 217 million, and by December 2019, it had increased to 507 million. Report about 700 million active users per month last summer.

In comparison Facebook In the second quarter, the app family had 3.51 billion monthly users, up from 3.45 billion in the first quarter.

Still, the company has launched one of the most successful short-form video apps, and many of its large tech competitors are competing to recreate their own versions. Facebook Launched Instagram Reels for TikTok clone, Mostly last August. snap Last year we announced a similar feature called Spotlight. GoogleYouTube Launched a competitor, Shorts, last September.

TikTok has managed to grow despite the tough years. The company faced many setbacks, including the possibility of a US ban after the former Trump administration saw data storage and security as a national security risk.

TikTok was supposed to be sold to an American company if it wanted to continue to operate widely. Oracle Later that “Reliable technology provider.. “

However, the promotion of President Joe Biden to the White House allowed the company to continue operating normally. During February The Wall Street Journal Oracle’s transaction was “indefinitely shelved.”Biden this summer Signed an executive order This sets the criteria for the government to assess the risk of apps connected to foreign enemies

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TikTok reaches 1 billion monthly users

Source link TikTok reaches 1 billion monthly users

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