TikTok announced that it now has more than 1 billion active users

You all know that we like good Ki! Ki! From Douyin. We like it very much, it now has more than 1 billion active users from all over the world.

In a blog post earlier this week, TikTok announced that its platform is becoming popular, dear! It has more than 1 billion active users and is one of the few applications that do not belong to Facebook or Google to achieve this achievement.

Growing up in the pandemic, TikTok has hosted many viral dance challenges, including “Savage” and “Don’t Rush” by Megan Thee Stallion.

TikTok has also become the world’s most downloaded application with 315 million downloads in the first quarter of 2020.

According to The Verge, “According to reports, ByteDance achieved revenue in 2020 This has more than doubled from the previous year, reaching 34.3 billion U.S. dollars. SensorTower said that since its launch, TikTok has installed 3.2 billion, including information from the Chinese version of TikTok. TikTok’s average monthly users in August increased by 25% compared to August 2020. In June of this year, Byte beating is valued 425 billion US dollars. “

According to a report, Millennials have also begun to use TikTok more than before. “This kind of growth can also be seen among millennials. In 2019, millennials hardly used TikTok—only 3% of people used it regularly. In the early days of the coronavirus outbreak, this number rose to 19%. According to reports, the number has soared in recent weeks.”

Recently, black creators banned the app, claiming that their content was stolen from white people, and advertised more on TikTok.

Just last year, Trump threatens to ban TikTogram. But because of the partnership with Oracle, this was avoided.

“As part of this proposal, Oracle will become our trusted technology provider, responsible for hosting all U.S. user data and protecting the security of related computer systems to ensure that U.S. national security requirements are fully met,” TikTok said. “We are also currently establishing a business partnership with Walmart. Both companies will participate in TikTok Global’s pre-IPO financing round. In this round of financing, they can obtain up to 20% of the company’s cumulative shares. We will also maintain and Expanding TikTok Global’s headquarters in the United States and bringing 25,000 jobs across the country.”

Vanessa Pappas, Chief Operating Officer of TikTok, thanked users for “making TikTok a truly special place.”

Friends, what do you think?