Company valuation: TikTok’s parent company (Bytedance) reportedly reached a valuation of $280 billion in August 2021.TikTok has surpassed Twitter, Telegram, Reddit, Pinterest, and Snapchat in monthly active users. Overtaking competition: Considering it was only released in 2016, TikTok was the 7th ranked social media app in 2021.Number of downloads: TikTok has been downloaded 3 billion times and was the most downloaded non-game app in the first 6 months of 2021, hitting 383 million installs from January to June 2021 alone.Market penetration: There are 4.8 billion internet users, 20.83% use Bytedance’s video sharing service.TikTok active users: TikTok has 1 billion monthly active users.Let’s dive right in: TikTok Statistics (Editors Picks) So, without further ado, here’s a roundup of the most newsworthy and jaw-dropping stats about this social media sensation. Top TikTok Users, Categories & Creator Earnings.
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