TikTok Lifts Veil On Dramatic User Growth In Lawsuit Seeking To Blunt Donald Trump’s “Anti-China Rhetoric”
Dade Hayes editorTikTok, the rapaciously growing social media platform controlled by ByteDance, disclosed the size and surge of its user base for the first time in a lawsuit filed Monday against President Donald Trump.Privately held ByteDance, founded by Chinese internet entrepreneur Zhang Yiming, revealed it has 100 million monthly active users, up from 91.9 million in June and more than double the 39.9 million of last October. Since January 2018, the site has surged more than 800% from 11.3 million users, with its global footprint reaching 689 million users across more than 200 countries.The president issued an order August 6 declaring the site will be banned unless it can secure an acquisition by a U.S.-based firm.