His company aims to reach 250 million monthly users outside China this year, after tripling that base in just the past six months. About half of its 150 million monthly overseas users now hail from Latin America, one of TikTok’s key markets. By mid-2016, it had garnered 50 million monthly users, according to QuestMobile data. That success – it has about 100 million monthly users in the US alone – drew the hostility of the Trump administration, which argued that its Chinese parent posed a potential national security threat. Kuaishou won’t become another Douyin or TikTok, Su says.

Source: The Star July 22, 2021 05:00 UTC