Despite the presence of innumerable competing apps, there is a growing trend of TikTok downloads almost everywhere.
TikTok has been on a continuous rise despite the rough path. The new stats from Sensor Tower manifest the app’s enduring popularity and resilience. Now as the app takes on the bigger players.
As per Sensor Tower, TikTok, when you also include the Chinese version of the app called ‘Douyin’, has now surpassed 3 billion total installs globally. It has become the first non-Facebook app to reach that mark.
Since user growth is essential but being able to convert that captive audience into actual revenue is what means business success.
In the face of challenge from TikTok, both Facebook and YouTube have been working to improve their creator monetization tools.
Their efforts are aimed to lure popular stars across to their platforms. Also, TikTok needs to be able to provide comparative value for creators in order to keep up.
TikTok is a video-sharing focused social networking service owned by ByteDance. Since its inception, it has become a hit not only among the millennials but all age groups.
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