[TikTok] [DouYin] Why is TikTok so popular ( US $75 billion)
What is TikTok and why does it own Musical.ly
What is TikTok and why does it own Musical.ly?
Chinese video platform TikTok has taken over Musical.ly, merging the two app powerhouses. In China, the app is known as Douyin and has over 300 million monthly active users, much bigger than Musical.ly’s reach.
Whilst TikTok is based around users uploading short videos of themselves, like good old Vine used to do, it doesn’t have the emphasis on music and songs like Musical.ly did.