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TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles. [12] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
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On 22 June 2022, Lame became TikTok's most-followed creator, surpassing Charli D'Amelio, with 142.1 million followers. [20] [21] According to Alessandro Riggio, the social media manager who signed Lame when he had only 1,000 Instagram followers, the TikToker was earning up to $750,000 per post and was on track to make $10 million by the end of ...
Logo of TikTok. The online video platform TikTok has had worldwide a social, political, and cultural impact since its global launch in September 2017. The platform has rapidly grown its userbase since its launch and surpassed 2 billion downloads in October 2020. It became the world's most popular website, ahead of Google, for the year 2021. [1]
First released to the public in September 2017, TikTok is a video-sharing social networking service [79] used to make short-form videos, from genres like dance, comedy, and education. [ 80 ] [ 81 ] On 9 November 2017, ByteDance acquired Shanghai -based social media start-up Musical.ly for up to US$ 1 billion.
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