Original title: sources: bytedance is considering setting up a global headquarters for tiktok outside of China, as part of its effort to shake off its Chinese image
NetEase technology news, December 24th, according to foreign media reports, according to people familiar with the matter, TikTok (trembling Overseas Edition) parent company byte beating is considering this global video sharing application to set up a global headquarters overseas.
People familiar with the matter said bytecode is considering setting its global headquarters in Singapore, and other possible locations include London in the UK and Dublin in Ireland, but no US city is on the shortlist. Tiktok currently does not have a headquarters, but its senior executives are based in Shanghai and its headquarters for us operations is in Los Angeles.
In November, TikTok was installed nearly 6700 times, making it the third most installed app, after 6850 million in December 2018 and 6770 million in January 2019. In terms of daily installation, the all-time high came at Christmas Day on December 25, 2018, reaching 3.06 million times, mainly from the United States market.
On the same day, the number of installations in the United States soared to 717000 (compared with an average of 154000 per day before the Christmas holiday), accounting for 23.4 per cent of total TikTok installations. At present, TikTok has become one of the main platforms for young users in the United States to share interesting things in their lives, especially the most important holidays of the year.
Judging by current trends, downloads in December are expected to exceed those in the same period last year. In November, the top five markets with the highest TikTok installations were India, Brazil, the United States, Russia and Indonesia, accounting for 43.9 percent, 8.1 percent, 6.4 percent, 5.5 percent and 3.9 percent, respectively.
On the revenue side, revenue from purchases within the TikTok app in November was $6.86 million, the highest monthly revenue, up 179 percent from a year earlier and 18.8 percent from a month earlier. Of these, 70.3 percent were in the United States, followed by Canada and the United Kingdom, 5.9 percent and 4.5 percent, respectively. (small)