TikTok Malaysia Graduate Programs & Internships

What It Does: TikTok is a social media platform for creating, sharing, and discovering short videos.

Staff Stats:  15,464 Employees Globally

Financials: $1.9 Billion Globally

The TikTok Story

Douyin was launched by ByteDance in Beijing China in September 2016, originally under the name A.me, before rebranding to Douyin in December 2016.ByteDance planned on Douyin expanding overseas. The founder of ByteDance, Zhang Yiming, stated that "China is home to only one-fifth of Internet users globally. If we don’t expand on a global scale, we are bound to lose to peers eyeing the four-fifths. So, going global is a must."Douyin was developed in 200 days and within a year had 100 million users, with more than one billion videos viewed every day.

The app was launched as TikTok in the international market in September 2017. On 23 January 2018, the TikTok app ranked No. 1 among free app downloads on app stores in and other countries.

TikTok has been downloaded more than 130 million times in the United States and has reached 2 billion downloads worldwide, according to data from mobile research firm Sensor Tower that excludes Android users in China.

As of 2018, TikTok was available in more than 150 markets, and in 75 languages.TikTok was downloaded more than 104 million times on Apple's App store during the full first half of 2018, according to data provided to CNBC by Sensor Tower.

After merging with musical.ly in August, downloads increased and TikTok became the most downloaded app in the U.S. in October 2018, which musical.ly had done once before. In February 2019, TikTok, together with Douyin, hit one billion downloads globally, excluding Android installs in China. In 2019, media outlets cited TikTok as the 7th-most-downloaded mobile app of the decade, from 2010 to 2019.

It was also the most downloaded app on Apple's App Store in 2018 and 2019, surpassing Facebook, Youtube, and Instagram. In September 2020, a deal was confirmed between ByteDance and Oracle in which the latter will serve as a partner to provide cloud hosting. Walmart intends to invest in TikTok.This deal would stall in 2021 as newly elected President Biden's Justice Department put a hold on the previous U.S. ban under President Trump. In November 2020, TikTok signed a licensing deal with Sony Music In December 2020, Warner Music Group signed a licensing deal with TikTok.

Mission 

To inspire creativity and bring joy.