Tiktok: The most valuable start-up in the world and hardly anyone knows it – @shutterstock | bangoland
Have you ever heard of TikTok? Well, I didn't have it either and yet the mobile app Doyin in China topped the app charts in many parts of the world last year.
Have you ever heard of TikTok? Well, I hadn't either and yet the mobile app known as Doyin in China topped the app charts in many parts of the world last year.
TikTok – The Biggest App You’ve Never Heard Of? – TikTok – The Biggest App You've Never Heard of?
In August 2018, after merging with musical.ly, another app popular with teens but unclear to the uninitiated, TikTok allows users to create 15-second videos of themselves, add effects, and share them with their friends to share.
In July 2018, TikTok reached 500 million global active users, beating other social platforms like Snapchat by a wide margin without attracting the same attention, according to ByteDance, the Chinese company behind it. As the graphic below shows, based on data from our partners Priori Data , TikTok was particularly popular last year in India, where the app was downloaded nearly 120 million times. However, it has also sparked tens of millions of downloads in other countries, suggesting that it is a global phenomenon worth paying attention to.
Having merged with musical.ly, another app popular with teenagers but obscure to the uninitiated, in August 2018, TikTok allows users to create 15-second videos of themselves, add effects and share them with their friends.
In July 2018, TikTok reached 500 million global active users according to ByteDance, the Chinese company behind it, beating other social platforms such as Snapchat by a wide margin without getting the same amount of attention. As the following chart, based on data from our partners Priori Data , shows, TikTok was particularly popular in India last year, where the app was downloaded nearly 120 million times. It racked up tens of millions of downloads in other countries as well, however, indicating that it is a global phenomenon worth taking note of.
8.8 million TikTok downloads in Germany – 8.8 million TikTok downloads in Germany
According to leaked documents from November 2018, it is used by just over four million people in this country, as netzfeuilleton.de reports. On the European continent, TikTok is only similarly popular in France. This is also confirmed by figures from our data partner Priori Data . However, the majority of users are said to live in Asia. In any case, the app seems to be a big hit in India, as our infographic shows.
According to leaked documents from November 2018, it is used here in Germany by slightly more than four million people, as netzfeuilleton.de reports. Similarly popular on the European continent is TikTok only in France. This is also confirmed by figures from our data partner Priori Data . The majority of users, however, are said to live in Asia. In India, at any rate, the app seems to be a big hit, as our infographics show.
Bytedance, the makers
Bytedance – The top 10 unicorns
However, Bytedance, the creators behind Tiktok or the Chinese news platform Toutiao, is only likely to be known to start-up experts. The start-up recently rose to the top of the list of the most valuable young companies in the world, see also our article “ The Top Ten Unicorns ”.
A unicorn refers to a startup company with a market valuation, before an IPO or exit, of over $1 billion.
Bytedance, the creators behind Tiktok or the Chinese news platform Toutiao, should nevertheless only be known to start-up experts. The start-up recently climbed to the top of the list of the world's most valuable young companies, see also our article “ The Top Ten of Unicorns ”.
A unicorn is a start-up company with a market value of more than one billion US dollars before an IPO or exit.
Tiktok in 2nd place: The Top 10 Android Apps in Germany – Tiktok on place 2:The Top 10 Android Apps in Germany
Color Bump 3D is the most popular Android app in Germany in January with 1.6 million downloads. TikTok follows in second place. The video app has 1.2 million downloads. collected monthly by the app store intelligence platform Priori Data
Color Bump 3D is the most popular Android app in Germany with 1.6 million downloads in January. Second place goes to TikTok. The video app comes to 1.2 million downloads. The ranking is compiled monthly by the App Store Intelligence platform Priori Data .
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