TikTok, known as Douyin in its home market, was launched in China in September 2016. It quickly started to gain traction in China and parent company ByteDance launched an international version the following year. Originally launched as a short-form video sharing platform, primarily for lipsyncing and dancing videos, TikTok has grown into a fully-fledged video service with content available for all types of viewers. ByteDance had prior experience on running wildly popular apps, as the operator of AI-powered news aggregation platform Toutiao. Zhang Yiming, the founder of ByteDance, incorporated a similar AI-model into TikTok, which is able to identify a user’s interests and feed them more relevant videos. While many Chinese apps have failed to succeed outside of China, most notably Tencent’s WeChat, TikTok managed … Continue reading TikTok Revenue and Usage Statistics (2025)