TIKTOK is one of the most downloaded applications in the world. It allows users to share short video clips of genres such as dance, comedy, or education.

Douyin Now has nearly 700 million users worldwide-but who Has popular apps, How much is it worth?

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TikTok allows users to create content in genres such as dance, music, comedy, or educationCredit: Agence France-Presse

Who owns Douyin?

Douyin Owned by Beijing Technology Company Byte beating, Founded by a Chinese billionaire entrepreneur, Zhang Yiming.

The 37-year-old was named by Time Magazine The 100 most influential people in 2019, Who described him as “the world’s top entrepreneur”.

After graduating from Nankai University in 2005 with a major in software engineering, he has worked in a number of technology companies, including Microsoft.

He founded his own Internet technology company ByteDance in 2012, developing applications and news aggregation services, including TikTok.

TikTok allows users to share videos up to 60 seconds long-either create your own content or lip-sync popular songs, comedy sketches or movie scenes.

Zhang Yiming, the founder of TikTok, is the seventh richest person in China with a net worth of US$35.6 billion

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Zhang Yiming, the founder of TikTok, is the seventh richest person in China with a net worth of US$35.6 billionCredit: Reuters

What is Zhang Yiming’s worth?

Zhang Yiming With a net worth of US$35.6 billion, he became the seventh richest person in China.

ByteDance is the most valuable startup company in the world and has surpassed Uber In 2018, it was worth 100 billion U.S. dollars.

It has more than a dozen mobile products around the world, with more than 1 billion monthly users.

TikTok has only been available in the UK since 2017

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TikTok has only been available in the UK since 2017Credit: Getty Images-Getty

When will TikTok merge with Musical.ly?

TikTok was launched in 2017 and is suitable for Apple and Android products in most markets outside of mainland China.

But it can only be used globally after merging with other social media services in China Musicality, In 2018.

Musical.ly was launched in 2014 and allows users to create and share short lip-sync videos.

In May 2017, the app had more than 200 million users.

ByteDance acquired Musical.ly on November 9, 2017 for $1 billion.

The company merged the application into TikTok on August 2, 2018. At the same time, Musical.ly Inc. changed its name to TikTok Inc.





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