TikTok hit 1 billion monthly active users globally this summer, the company told Reuters, marking a 45 percentjump since July 2020. The United States, Europe, Brazil, and Southeast Asia are the biggest markets for the popular short-video app, the company said. TikTok has experienced surges in users around the world in the past few years, despite regulatory scrutiny it is facing in the United States and other regions. The company previously said it had about 55 million global users by January 2018. That number rose to more than 271 million by December 2018, 508 million by December 2019, and 689 million by July 2020. Facebook reported 2.9 billion monthly active users as of end of June 2021, according to its latest quarterly report. TikTok previously said it surpassed 2 billion global downloads by August 2020. The video sharing platform is owned by China technology giant ByteDance. TikTok appointed ByteDances CFO Shouzi Chew, a Singaporean national, as the new chief executive officer of the company earlier this year. Thomson Reuters 2021 This week on Orbital, the Gadgets 360 podcast, we discuss the Surface Pro 8, Go 3, Duo 2, and Laptop Studio as Microsoft sets a vision for Windows 11 hardware. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts. The post TikTok Hits 1 Billion Monthly Active Users Globally, Company Says Brazil, Europe, US Biggest Markets appeared first on Patabook Technology.
source https://patabook.com/blogs/111981/TikTok-Hits-1-Billion-Monthly-Active-Users-Globally-Company-Says
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