The Rise of TikTok

“In less than four years, TikTok became the most culturally significant product in the world. It rode the tailwinds of AirPods and memes to reach over 1 billion DAU’s and is now the best way to create and consume video content on mobile. Everyone should be watching to see what they do next.” :

https://turner.substack.com/p/the-rise-of-tiktok-and-underst…

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"ByteDance, the parent company of short-video app TikTok, generated $US5.6 billion in revenue for the first-quarter of 2020.

This figure represents 130% growth in revenue year-over-year for the China-based company, which is now reportedly worth more than $US100 billion."

https://www.businessinsider.com/tiktok-bytedance-revenue-bil…