Feature
Published on: 21. July 2021

TikTok's triumph attracts imitators

The Chinese short video app TikTok has been downloaded three billion times globally. So far, only apps owned by Facebook have been able to reach such high figures. An IPO of its parent company ByteDance is rumored but has not yet been publicly confirmed. However, the competition is not waiting on the sideline. TikTok's biggest competitor is Kuaishou, which has been listed in Hong Kong since February.

FS
Frank Sieren

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Last updated: 24. July 2025

Economy Facebook Kuaishou Society Technology Tencent Tiktok WeChat
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