An article lets you understand what Tiktok is

What is TikTok? TikTok is a global short video social platform owned by Byte Beat.
It entered the global market in May 2017 with the vision of "Inspire Creativity and Bring Joy".
• TikTok is not the "overseas version of TikTok"/"international version of TikTok".
TikTok and TikTok are two independent products of Byte Beating.
TikTok serves the Chinese market and covers more than 200 countries and regions around the world.
The data storage, content operation and content audit of the two products are independent of each other, so TikTok is not an overseas or international version of TikTok.
• TikTok's Development History ｜ May 2017: TikTok went online.
❑ November 10, 2017: Byte beat $1 billion to acquire music video sharing and interactive social application musical.ly.
After the acquisition, TikTok and music Ly Double brands develop in parallel.
❑ August 2, 2018: musical Ly is incorporated into TikTok, and the upgraded new platform uses the TikTok brand name.
 October 2018: TikTok became the largest application downloaded in the United States that month, and TikTok also ranked first in the U.S.
market in terms of installation.
◦ The first quarter of 2020: TikTok became the application with the largest single quarter download volume in the world.
The cumulative download volume in the U.S.
market exceeded 165 million times, and the global cumulative download volume exceeded 2 billion times.
￭ May 19, 2020: Byte Beat appointed Kevin Mayer, a former Disney executive, as CEO of TikTok.
Previously, there had been many experienced overseas executives' entry bytes jumping, with an average of one per month.
 July 22, 2020: TikTok announced that it has more than 1400 employees in the United States and plans to add 10000 jobs in the United States in the next three years.
(On June 29, 2020, TikTok and other 59 Chinese applications were banned by the Indian government.) ｜ On July 23, 2020, TikTok set up a $200 million fund to encourage TikTok content creators.
 July 29, 2020: TikTok CEO Kevin Mayer issued an open letter accusing Facebook of plagiarism and malicious attacks, and attempting to drive TikTok out of the US market.
He also stressed that TikTok is a responsible member of the American community who follows American laws.
◦ August 11, 2020: TikTok will increase the amount of incentive funds for US content creators from US $200 million to US $1 billion in the next three years, while the incentive funds for global creators are more than twice that of the US.
❖ TikTok stated in the indictment that its business in the United States has grown rapidly in the past two years.
In January 2018, TikTok had more than 11 million monthly active users, but by February 2019, the number had more than doubled to more than 26 million, and in October of the same year