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Is It Tik Tok's Snapchat or Facebook Moment?

11 mins·07:30, 29 May 2020
podcast image

Is It Tik Tok's Snapchat or Facebook Moment?

11 mins
·
07:30, 29 May 2020
·

Tik Tok, launched in 2016, has been downloaded over 2 billion times and recently brought in Disney’s streaming guru, Mark Mayer, as their new CEO.

The parent company, Bytedance, is the world’s most valuable startup and has a private valuation of between $105 billion and $110 billion, with talk that it could be worth up to $180 billion in an IPO.

But with on-going privacy and censorship issues with the US rumbling in the background, is this their Facebook or Snapchat moment?

Presenter: Roshan Kanesan, Noelle Lim, Khoo Hsu Chuang

Producer: Arleen Webber

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