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These Companies Bet Big on TikTok and Won. Now the App Could Be Banned.

These Companies Bet Big on TikTok and Won. Now the App Could Be Banned.

TikTok, the short-form video platform owned by Chinese company ByteDance, launched in 2016 and exploded in popularity during the pandemic. According to Statista, TikTok was downloaded globally around 984 million times in 2020 up from 703 million times in 2019. Depending on TikTok has risks.