Its parent company Byte-Dance is the most valuable startup in the world as of now with a valuation of $140 Billion.
Does Tiktok have the Best AI in the world?
It was the second most downloaded app in 2020 in App Store. Zoom topped the list.
The most audience on this application is young. In 2019 a survey showed that 41% of users were between 16-24 years old.
It was banned in India on June 29, 2020. Till that time, total downloads in India were around 30% of total global downloads.
At present, TikTok is available in 154 countries worldwide. It is also available in 75 different languages
TikTok is known as Douyin in its home market, China. More than 600 million people use this app in China.
Its parent company generated a revenue of $16 billion in 2019 but this number was $35 Billion for 2020. It is more than 100% growth in a single year.
TikTok users spend an average of 52 minutes per day on the platform. This number is 80 Minutes for the younger user whose age is from 4 to 15.
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