📷 Image Credit: CNBC 👆
By: Alex Sherman
TL;DR TikTok is finally giving out some real numbers; to say the least; they are impressive.
TikTok, for the first time, revealed monthly active users in the U.S. and globally. In the new lawsuit against TikTok, the app showed that its monthly active users had grown nearly 800% since January 2018, when it had 11 million American users. The number of monthly active users has grown to an average of 100 million in the United States alone. On top of that, the company also revealed that they have more than 50 million daily active users in the United States.
The numbers have grown similarly worldwide; as of July 2020, TikTok had almost 700 million users globally. TikTok is releasing all these numbers in an attempt to fight its lawsuit and an impending ban in the United States. The app claims there is no evidence of them sharing users’ information with the Chinese government. While the stats for TikTok are likely to keep growing unless a ban is enacted, they remain behind Facebook, which has 2.7 billion monthly global users. That being said, it’s no small feat. You can grab the popcorn, settle in, and see how this plays out.
Written by: Sofia Christensen, Intern
Edited by: Lisa Knight, COO & Mentor