Bloomberg Technology published this video item, entitled “The TikTok Stars Making More Than Some S&P 500 CEOs” – below is their description.
Obviously CEO Mae Karwowski joins Emily Chang on “Bloomberg Technology” to talk about the phenomenon of TikTok content creators making more than some of the U.S.’s top CEOs and how they are creating their own business empires.Bloomberg Technology YouTube Channel
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In This Story: TikTok
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
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