Douyin, the Chinese version of short video app TikTok, hit 600 million daily active users in August, an executive with parent company ByteDance said on Tuesday, a 50per cent jump since the start of the year.
Users in China are not able to access the TikTok app, which is wildly popular with teenagers worldwide and the subject of a fierce rift between Beijing and Washington over security concerns, but can use Douyin, which is similar in design.Four-year-old Douyin's more than 22 million creators have earned a total of 41.7 billion yuan over the past year, ByteDance China chief executive officer Kelly Zhang said during an online conference.
U.S.-listed Oracle Corp said on Monday it would team up with ByteDance, which could help keep TikTok operating in the United States.AdvertisementIt is currently one of the most popular social media apps in China and its growth is seen as indicative of TikTok's potential evolution.
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