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Is It Tik Tok's Snapchat or Facebook Moment?
11 mins·07:30, 29 May 2020
Is It Tik Tok's Snapchat or Facebook Moment?
11 mins
·
07:30, 29 May 2020
·
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Tik Tok, launched in 2016, has been downloaded over 2 billion times and recently brought in Disney’s streaming guru, Mark Mayer, as their new CEO.
The parent company, Bytedance, is the world’s most valuable startup and has a private valuation of between $105 billion and $110 billion, with talk that it could be worth up to $180 billion in an IPO.
But with on-going privacy and censorship issues with the US rumbling in the background, is this their Facebook or Snapchat moment?
Presenter: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang
Producer: Arleen Webber
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