About TikTok
TikTok is a company based in Los Angeles (United States) founded in 2016 by Zhang Yiming.. TikTok has completed 2 acquisitions, including GoTo Group and Tokopedia. TikTok operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, Triller and VerSe, among others.
- Headquarter Los Angeles, United States
- Founders Zhang Yiming
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
GoTo Group
& 1 more
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Software Development Team
157 people
Brand Team
80 people
Sales and Marketing
45 people
Human Resources and Administration
41 people
Global Team
30 people
Product Management Team
25 people
Operations Team
24 people
Creative and Marketing Team
20 people
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Funding Insights of TikTok
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by TikTok
TikTok has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GoTo Group and Tokopedia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Limited information available
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2015 | ||||
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Multi-category products are facilitated through an online marketplace platform.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TikTok
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tiktok Comparisons
Competitors of TikTok
TikTok operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuaishou Technology, YouTube, Dailymotion, Triller and VerSe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Social platform for sharing short videos
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| domain | founded_year | HQ Location |
User-generated videos and content are shared and streamed online.
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| domain | founded_year | HQ Location |
Web and mobile video sharing and streaming platform
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| domain | founded_year | HQ Location |
Music videos are created and shared through a mobile platform.
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tiktok
Frequently Asked Questions about TikTok
When was TikTok founded?
TikTok was founded in 2016.
Where is TikTok located?
TikTok is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of TikTok?
Shou Zi Chew is the current CEO of TikTok.
What does TikTok do?
TikTok was founded in 2016 as a mobile-based social networking platform focused on short video sharing. User-generated content is created and enhanced with music overlays. Videos are organized into categories such as dance, music, lipsync, beauty, trends, food, and pets. The platform operates in the social media sector and is accessible on Android and iOS devices. Headquarters are maintained in Los Angeles, United States.
Who are the top competitors of TikTok?
TikTok's top competitors include Kuaishou Technology, YouTube and Dailymotion.
How many acquisitions has TikTok made?
TikTok has made 2 acquisitions, including GoTo Group, and Tokopedia.
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