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Business Wars Daily

TikTok: The $75 Billion Video App Taking Teens By Storm

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 30 January 2019

⏱️ 5 minutes

🧾️ Download transcript

Summary

Today is Wednesday, January 30, and we’re looking at TikTok vs. Facebook.

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Transcript

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0:00.0

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How do I cope with waiting for results?

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1:05.6

Thank you. McMillan Online Community. From Wondry, this is Business Wars Daily on this Wednesday, January 30th.

1:10.3

Unless you're, say, 13 years old, you may

1:13.4

have never heard of one of the most valuable social media apps in the world. It's called TikTok,

1:19.3

and it's a video sharing platform that encourages its users to lip sync and dance to popular songs

1:24.8

and make short comedy videos. It claims to have more than half a billion users worldwide, and by last fall, TikTok

1:32.3

was being downloaded more often than any of the big-name social apps, Facebook, Instagram,

1:38.3

Snapchat, and even YouTube.

1:40.7

Like the bygone video app Vine, which let users make six-second videos, TikTok gives users 15 seconds to make videos and allows them to add clips from songs, emojis, put on stickers, that sort of thing.

1:54.3

Users can also paste videos together for stories that run up to a minute long.

...

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