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A comment on ByteDance investors value TikTok at $50B in takeover bid. Parent comment

Re:ByteDance investors value TikTok at $50B in takeover bid by nl on Wednesday July 29, 2020 @10:05AM (#23986784)
> Interestingly, you'd think that, but it's dead wrong. I'd say about a quarter of people actually use tick tock, compared to almost all using instagram or snap chat.

They said everybody young uses tiktok. While that's obviously an exaggeration it currently is the number 1 most downloaded app on iOS and Android by quite a long way.

It's only 300M behind the all time number of Instagram downloads on all platforms (1.8B vs 1.5B) and is growing at 4x the rate of Instagram.

https://mediakix.com/blog/top-tik-tok-statistics-demographic...

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Re:ByteDance investors value TikTok at $50B in takeover bid by collegeburner on Wednesday July 29, 2020 @11:18AM (#23987571)
> They said everybody young uses tiktok

I'm speaking as a very young person, there seems to be a small group (about a quarter) who uses tick tock avidly. This is borne out by the data I could find, which showed approximately 22% usage among young people: https://morningconsult.com/form/more-young-teens-use-tiktok-...

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