TikTok founder Zhang Yiming is now China’s wealthiest person with a net wealth of USD 49.3 billion. According to Wedbush Securities, TikTok itself is worth USD 100 billion of ByteDance’s value. TikTok has at least doubled (or tripled) the app’s worth because of its algorithm. The US government believes TikTok is a national security risk because of China’s potential to access American users’ data. What do you guys think of the TikTok founder and his new title? Watch YugaTech's very own Joey Maceda and Miguel Ty try their hand bringing tech content to popular video sharing app, TikTok with the help of Jiro Morato and Shyr Balagtas, two of the platform's most popular creators. TikTok is an app that’s currently one of the leading destinations for short-form mobile videos. The rise of these "TikTokers" was evident at VidCon, held earlier this year. Read more in our articles including "TikTok founder now China’s wealthiest person" and "Watch: Bringing TECH to TIKTOK?! ft. Jiro Morato & Shyr Balagtas".
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Dec 16, 2019TikTok founder Zhang Yiming is now China’s wealthiest person with a net wealth of USD 49.3 billion. According to Wedbush Securities, TikTok itself is worth USD 100 billion of ByteDance’s value.
TikTok has at least doubled (or tripled) the app’s worth because of its algorithm. The US government believes TikTok is a national security risk because of China’s potential to access American users’ data. What do you guys think of the TikTok founder and his new title?
Our coverage of TikTok billionaire includes: "TikTok founder now China’s wealthiest person"; "Watch: Bringing TECH to TIKTOK?! ft. Jiro Morato & Shyr Balagtas"; "Can TikTok be the next Youtube?". Each article provides unique insights and information.