TikTok, which faces the threat of a ban from Congress and the Biden administration, is not the only Chinese app on the market to go popular. Four of the top 10 apps on the Apple iOS and Google Play stores are owned and operated by Chinese companies, even if Americans don't realize it.Here are the top four Chinese-owned iPhone and Android apps on the marketplace.
Temu is a new shopping platform with connections to China that has become one of the most popular apps and is ranked No. 1 as of Monday. The app is a Boston-based retailer for an assortment of goods. The company saw a surge of interest after it bought a 30-second ad at the Super Bowl. The app was launched in 2022 by its U.S.-listed parent company PDD. The company has a Chinese subsidiary named Pinduoduo, which is traded on the Beijing Stock Exchange.
Capcut is a video app owned and operated by TikTok's parent company ByteDance. The app has seen a surge of interest among younger users and is often used to help users improve their videos before posting them on social media. ByteDance has a close relationship with the Chinese Communist Party.
SHEIN is a Singapore-based fashion company with roots in China. Chinese entrepreneur Chris Xu founded the business, which obtains most of its supplies from Chinese providers.TikTok has also stayed at the top of the App Store listings despite the prospect of a ban. TikTok CEO Shou Zi Chew appeared before Congress on Thursday, where he testified about how the company was protecting U.S. data.
Source: News Formal (newsformal.com)
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