TikTok, the favorite application of the social network ecosystem, has been keeping its place on the agenda for a long time with its extraordinary content and growth. The app, which has a young user base, stands out with its humorous dance videos. According to October 2022 tiktok statistics, the brand value of tiktok, which has more than 1 billion users, has reached $ 59 billion.
What Is Tiktok?
TikTok was launched in China in September 2016 under the name Douyin. Both Douyin and TikTok use the same software.
Then, in November 2017, TikTok’s parent company ByteDance bought Musical.ly, another Chinese social media company similar in principle to TikTok’s, for $1 billion.
The tiktok application, which has many users from all age groups, supports video sharing, live broadcasting and sharing such content with large audiences. This Social Media account used also offers you the convenience of earning. Many tiktok users earn and earn income in this way. Video content producers often prefer this program.
TikTok has been downloaded over 3 billion times.
There are over 1 billion users actively using TikTok each month
90% of users are daily users.
The most liked video in 2021 had over 60 million likes