Through equity penetration, it is found that the actual controller and major shareholder of Tik Tok is ByteDance Co., Ltd., holding 99% of the shares, and Netcast Chinese (Beijing) Technology Co., Ltd. holds 1%.
It is reported that Tik Tok is a short video community platform suitable for all ages. Users can choose songs, shoot music works and form their own works through this software. The data shows that the number of daily active users of Tik Tok has exceeded 600 million. The company is headquartered in Beijing.
Tik Tok, a short video social software with musical creativity, was hatched by ByteDance. The software was launched on September 20, 20 16.