News App was reaching 732 million monthly active users in October 2020 News ByteDance reportedly started work on the app back in 2019 News Kuaishou reports to have over 1 billion users worldwide News New crackdown on offensive music coming in October as market's industry power keeps growing News App reached nearly 383m first-time installs and approximately $919.2m in consumer spending in H1 2021 News YouTube Shorts is launching a new set of features Analysis News TikTok surpasses YouTube for average hours spent per month per user in both the US and the UK on Android News Former US President Donald Trump's executive orders banning the app have been revoked and replaced