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The rise of TikTok . TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese entrepreneur Zhang Yiming and headquartered in Beijing’s northwestern Haidian district.
The creator economy has blossomed into a $250 billion industry — and faces a big year in 2025 with a possible TikTok ban and MrBeast dominance. ... growth has been ... permits rise to 10-month high.
TikTok's loss could be its rivals' gain if the app is banned in the US. ... GOOGL), as the growth would still only account for 0.1% to 0.3% of Google’s total 2026 ad revenue estimates. (Nowak ...
Dan Whateley from Insider noted that songs could "rise up organically on the app even if they've been outside the mainstream for decades". [10] In September 2023, Billboard and TikTok launched a new chart called the TikTok Billboard Top 50 to track music that is popular on the platform in the United States. [11]
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TikTok's geographical use in 2019 has shown that 43% of new users were from India before the social platform was banned in the country. [233] But adults have also seen growth on TikTok. The share of U.S. adults who regularly get news from TikTok hit 14% in 2023. [234]
The rise of TikTok . TikTok is one of more than 100 apps developed in the past decade by ByteDance, a technology firm founded in 2012 by Chinese entrepreneur Zhang Yiming and headquartered in Beijing’s northwestern Haidian district.
Outside China, Asian platforms have seen rapid growth in sectors like e-commerce. However, the region has had less success in social media and search until the rise of platforms like TikTok. In some countries, Western platforms remain dominant, such as Facebook in India, where it has become the most popular social media platform. [49]