Tue 28 September 2021:
TikTok, a popular social media platform, revealed on Monday that it had reached 1 billion active members globally. “Every month, over 1 billion individuals from all around the world visit TikTok to be entertained while learning, laughing, or discovering something new.
We’re honored to be a home for our immensely diverse community of families, small businesses, and creators who transform into our favorite stars,” the company announced in a statement.
TikTok, which is privately held by Chinese company ByteDance, has reported a surge in users over the past few years, especially during the COVID-19 pandemic. TikTok had about 55 million global users by January 2018, which surged to 271 million by December 2018 and 507 million by December 2019.
In July 2020, TikTok reported close to 800 million monthly active users worldwide after less than four years of existence.
The company’s short-form video is so popular among teens that several large tech companies have launched their own copy-cat versions.Facebook launched Instagram Reels last August, while Google’s YouTube launched Shorts last September. Snap announced a similar feature called Spotlight last year.
If ByteDance did not sell the software to a US company, former US president Donald Trump’s administration planned to ban it. Meanwhile, the administration of President Joe Biden has enabled the corporation to continue operating in the United States.
(with agency)
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