TikTok Hits 1 Billion Monthly Active Users Globally, Company Says Brazil, Europe, US Biggest Markets
TikTok hit 1 billion month-to-month lively customers globally this summer season, the corporate instructed Reuters, marking a forty five % bounce since July 2020.
The US, Europe, Brazil, and Southeast Asia are the most important markets for the favored short-video app, the corporate mentioned.
TikTok has skilled surges in customers all over the world up to now few years, regardless of regulatory scrutiny it’s dealing with in the USA and different areas.
The corporate beforehand mentioned it had about 55 million world customers by January 2018. That quantity rose to greater than 271 million by December 2018, 508 million by December 2019, and 689 million by July 2020.
Fb reported 2.9 billion month-to-month lively customers as of finish of June 2021, in keeping with its newest quarterly report.
TikTok beforehand mentioned it surpassed 2 billion world downloads by August 2020.
The video sharing platform is owned by China expertise big ByteDance. TikTok appointed ByteDance’s CFO Shouzi Chew, a Singaporean nationwide, as the brand new chief government officer of the corporate earlier this yr.
© Thomson Reuters 2021
