Tiktok Grows As Facebook Loses Market Shares In India - Viral Bake | Entertainment Blogs - Trending News
54
54 points

Byte Dance owned lip-synced video-sharing app Tik-Tok since his debut, in India, has been financially making all the right kind of noises. And as per recent reports, TikTok’s market reach has surged by about 28% in 2019 from 1.12% in 2018. This unprecedented surge for TikTok has lead to Twitter and Facebook losing 40% of their market share.

Also Read: Have Agreed With The US To Cancel Tariffs In Multiple Phases – China

Reportedly, TikTok has managed to multiply its user base from 38 Mn in 2018 to 68 Mn in Indian, in 2019. On average, a Tiktok user spends about 39 mins of the day scrolling through the app’s feed. Moreover, Tiktok has also been planning to invest in #Edutok, a hashtag under which it will promote educational videos.


Read more at Inc42



Like it? Share with your friends!

54
54 points

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
1
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
1
win

0 Comments