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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.
In February 2019, TikTok, together with Douyin, hit one billion downloads globally, excluding Android installs in China. [69] In 2019, media outlets cited TikTok as the 7th-most-downloaded mobile app of the decade, from 2010 to 2019. [ 70 ]
China: 2011 1.343 billion [3] 6 Messenger: Meta Platforms United States: 2011 1.01 billion [3] 7 Telegram: Telegram United Arab Emirates [5] 2013 950 million [6] 8 LinkedIn: Microsoft United States: 2003 930 million [7] 700 million registered users [7] 9 Snapchat: Snap Inc. United States: 2011 850 million [8] 453 million daily active users [8 ...
US mobile downloads of Xiaohongshu almost tripled over the past week, ... TikTok is also not accessible in China, where a sister app, Douyin, serves the domestic market.
HONG KONG (Reuters) -TikTok owner ByteDance said on Wednesday that Zhang Nan has resigned as the CEO of Douyin Group, the popular short video platform's sister app in China, while assuming a new ...
Alibaba Group Holding Ltd’s (NYSE:BABA) Taobao and Tmall Group are collaborating with ByteDance-owned Douyin to draw users from the Chinese short video platform, aiming to boost their presence ...
Kuaishou's predecessor "GIF Kuaishou" was founded in March 2011. GIF Kuaishou was a mobile app with which users could make and share GIF pictures. In November 2012, Kuaishou became a short video community and a platform with which users could record and share videos. [citation needed] By 2013, the app had reached 100 million daily users. [11]
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]