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...
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