U.S. moves closer to TikTok ban

U.S. lawmakers are proposing to ban TikTok – China’s hugely popular video sharing app – citing concerns over national security
 

TIKTOK ANNUAL USERS BY REGION (millions) 
Asia Pacific	313
Latin America	188
Europe 		158
North America 	138
MENA*		92
	0 50 100 150 200 250 300 350

Key 
2018 
2019
2020 
2021 


Republican Senator Marco Rubio (left) announces bipartisan legislation to ban TikTok, amid fears app could be used to spy on Americans
      

ANNUAL REVENUE ($millions) 
5000
4000					4,697
3000
2000				2,640
1000
0	63	150	350
	2017 	2018 	2019 	2020 	2021

TikTok downloaded 3 billion times as of Jun 2021


ANNUAL USERS (millions)
1500					1,466
1200
 900				902
 600			700
 300		381
   0	133
	2018 	2019 	2020 	2021 	2022
 
U.S. is largest market outside of China


Sep 2016: Douyin, Chinese name for TikTok, is launched in China. App owned by ByteDance, headquartered in Beijing
      
Sep 2017: TikTok is launched internationally after ByteDance acquires Musical.ly – adding 80 million more users, mostly in U.S.
    

*Middle East/North Africa


Sources: Reuters, Business of Apps  
Picture: Getty Images 
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