General information about: TikTok, Snapchat

General information about: TikTok, Snapchat

General Information about: TikTok, Snapchat

TikTok is the result of years of development in the social media industry. It is owned by the Chinese company Bytedance, founded by Zhang Yiming. After extensive testing, TikTok was officially launched in 2016 as a video-sharing platform that rapidly dominated the social media landscape.

Key Statistics:

  • Bytedance is the world's most valuable private company, valued at $75 billion.

  • Zhang Yiming is ranked 12th among China's richest people, with a net worth of $12 billion.

  • TikTok has over 1.5 billion registered users, with 500 million active users as of late 2019.

  • TikTok is the most downloaded app on Android and iOS, surpassing major apps like YouTube and Facebook.

  • Around 41% of TikTok users are aged between 16 and 24.

  • Users spend an average of 52 minutes per day on the platform.

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As for Snapchat:

Snapchat was launched on September 26, 2011, as a platform focused on image-based messaging. By the end of 2012, it became available on Android in 19 different languages. It was created by Evan Spiegel and Robert Murphy.

Snapchat Developments:

  • In 2014, Snapchat introduced geo-filters, allowing users to apply location-based filters to their images.

  • Several major companies attempted to acquire Snapchat:

    • In 2013, Google offered $4 billion to acquire the app.

    • Around the same time, Facebook made a $3 billion acquisition offer, both of which were rejected due to Snapchat's rapid growth.

Snapchat is also an essential platform for content creators and businesses to showcase their services. Our website offers a variety of services to support Snapchat accounts:

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