TikTok says it now has more than 1 billion monthly active users
CNN
TikTok has hit one of the most exclusive milestones in the tech industry.
The company said in a blog post Monday that it now has more than 1 billion monthly active users around the world, making it the rare social media application not owned by Facebook (FB) or Google (GOOGL GOOGLE) to claim an audience of that size.
The short-form video app's popularity surged as people spent more time on their phones during the pandemic. It has also both benefited from and fueled the growth of the creator industry, as more people look to make a living from posting content to social media sites.
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