BRIGHT KHUMALO: TikTok’s explosive growth makes it worth watching
The sharing app could dominate the market and send Facebook value into a tailspin
28 May 2020 - 18:16
ByteDance’s latest round of private share transactions has taken the social media behemoth to a valuation of over $104bn. TikTok, the video-sharing app and its South East Asian twin app Douyin, allows you to interact and follow other musers.
In 2017, ByteDance bought the lip-sync app Musical.ly and merged TikTok with Musical.ly’s 200-million users...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.