In social media, the 1 billion MAU club is an elite group of apps consisting of Facebook, Messenger, Instagram, WhatsApp, YouTube, and China’s WeChat. It’s no small deal that TikTok is projected to land itself a spot amongst these apps before the year is out.
TikTok is in a league of its own when it comes to revenue, ranking as the #2 non-gaming app in terms of consumer spend. While many social media apps monetize through ads, TikTok monetizes through ads and allowing users to purchase digital goods.
I don't think so that tiktok will beat facebook. But lets see the future from where it gone
This is huge news in me perception, both from a social as well as traditional media perspective!