If you are one of them who keeps a tab on global start up ecosystem, then you are surely excited about one recent giant start up. Yes, folks! We are talking about the China based entertainment start-up: TikTok. Hence, the journey of TikTok is so prominent that its popularity is taking over all the other social entertainment platforms such as Instagram with lightning speed. Asian continent seems to be the biggest fan of it and giving apps like Instagram a very hard time in this region.
Read More: TikTok Gains 1 Billion Monthly Active Users
Let’s have a look the standing comparison between TikTok and Instagram in Asian continent [According to Applications Ranking on Google Play App Annie as of August 1, 2018]:
|App Rank of TikTok||App Rank of Instagram|
No wonder why the start up is currently valued at staggering 75 Billion USD (highest in the world for a start-up). That’s a lot of money! Why not we all have a look at the journey of this new start-up sensation!
Based on the journey of TikTok so far, it’s really no surprise why someone needs to pay a mammoth 75-120 billion USD to acquire it. What’s your thought on this? Don’t forget to let us know.