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TikTok, whose mainland Chinese and Hong Kong [3] counterpart is Douyin, [a][4] is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 60 minutes. [5] It can be accessed with a smart phone app.
In September 2015, ByteDance launched its video-sharing app TikTok (known as Douyin in China) with little fanfare. The product was an instant hit with millennials and became popular worldwide. ByteDance bought Musical.ly a year later for US$800 million and integrated it into TikTok. [12]
ByteDance, which also owns news platform Toutiao and TikTok’s Chinese sister app Douyin, is estimated to have a valuation topping $225 billion, having brought in $110 billion in revenue last year.
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
This is an impressive growth for the addictive video app, which had 250 million daily active users in January last year. Douyin, TikTok app in China, hits 400 million daily active users Skip to ...
The Chinese internet giant has recently started to allow some content creators with more than 100,000 followers to put part of their videos behind a paywall on Douyin, TikTok's sister app in China ...
Before Khaby Lame became the most-followed TikTok user on 22 June 2022, Charli D'Amelio was the most-followed TikTok user. D'Amelio became the most-followed TikTok user on 25 March 2020 at 41.4 million followers, surpassing the previous record-holder, Loren Gray. [44] Later that same year, D'Amelio became the first TikTok user to reach 100 ...
Beijing-based ByteDance recently launched its own third-party payment service for Douyin, the Chinese version of its hit short video app TikTok, as it presses to expand into the e-commerce ...
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