Zhang Yiming created ByteDance in September of 2016. Realizing that he needed to go globally to attract more clients, Yiming changed the name to TikTok and launched its international debut one year later.
Tiktok is a social media platform that was dewsigned for those interested in learning short, new dances, but has quickly become a major source of all types of interactions, from fashion consultants, political discources, and funny animal videos.
As of 2022, the cmopany states that the app has been downloaded more than 2 billion times.
According to data from app analytics group Sensor Tower, advertising on TikTok in the US grew by 11% in March 2023, with companies including Pepsi, DoorDash, Amazon, and Apple among the top spenders. According to estimates from research group Insider Intelligence, TikTok is projected to generate $14.15 billion in revenue in 2023, up from $9.89 billion in 2022.
TikTok has many “influencers” who create new dance steps or challenges. Some challenges are not safe, however, as this student discovered.
The US Federal Government has some concerns about this social media app, however, and most government offices do not allow the app on government cell phones.
TikTok keeps its main corporate office in China, but it does have one in the USA in Culver City, California.
Zhang Yiming created ByteDance in September of 2016. Realizing that he needed to go globally to attract more clients, Yiming changed the name to TikTok and launched its international debut one year later.
Tiktok is a social media platform that was dewsigned for those interested in learning short, new dances, but has quickly become a major source of all types of interactions, from fashion consultants, political discources, and funny animal videos.
As of 2022, the cmopany states that the app has been downloaded more than 2 billion times.
History
According to data from app analytics group Sensor Tower, advertising on TikTok in the US grew by 11% in March 2023, with companies including Pepsi, DoorDash, Amazon, and Apple among the top spenders. According to estimates from research group Insider Intelligence, TikTok is projected to generate $14.15 billion in revenue in 2023, up from $9.89 billion in 2022.
TikTok has many “influencers” who create new dance steps or challenges. Some challenges are not safe, however, as this student discovered.
The US Federal Government has some concerns about this social media app, however, and most government offices do not allow the app on government cell phones.
TikTok keeps its main corporate office in China, but it does have one in the USA in Culver City, California.
