My Fintech Empire

Just two days later, Amalika also took action again, requiring Tik-Tok to complete the sale of its business within the next 90 days.

This posture has the flavor of a pinpoint versus a wheat awn.

Tik-Tok, which was already on the cusp of the storm, has once again been pushed to a higher level. People from all walks of life in the outside world can't help but sweat for Mr. Zhang. He is simply being roasted in the middle. He is neither advancing nor retreating. It is really uncomfortable. Extremely.

Just this weekend, Triller, a vague video platform similar to Tik-Tok, announced that it has received US$28 million in Series B financing, with a valuation of US$130 million.

Triller currently has 13 million monthly active users and 60 million total downloads, and the company's founder Mike said in public reports that his goal is to surpass competitor Tik-Tok, and people familiar with the matter revealed that Triller recently entered into three partnerships with Major labels renewed licensing deals, and Sony Music, Warner Music and Universal Music all took minority stakes in Triller.

According to an interview this weekend by the company’s founder, Triller claims to have figured out Tik-Tok’s weaknesses.

In an interview with MBW, Triller CEO Mike said: "While we recognize the competition with Tik-Tok, the biggest difference is that we are committed to working with record labels, artists and creators to promote their works, music and content.”

And he once again pushed this competition to the political agenda during the interview: "Triller, as a local company, is focused on protecting our community from the prying eyes of the evil DP or zz agenda, which has become the case with our competitors. A significant problem.”

Foreign media also praised Triller, directly saying that it is a strong competitor of Tik-Tok. Triller has local advantages and has quickly formed an alliance with the three major record companies to share shares. Although the number of users and downloads is far less than that of Tik-Tok, Triller has the advantages and copyrighted content that Tik-Tok does not have.

With foreign media reporting so sparingly at this time, Fang Hong naturally saw Triller, the so-called strong competitor of Tik-Tok.

However, Fang Hong did not take this so-called strong competitor seriously at all, because Tik-Tok’s core competitiveness is algorithm recommendation technology, and Douyin also relies on almost the same technical advantages to compete in the short video track in the Greater China market. Outstanding.

The so-called Triller does not have this technical advantage, and its current total downloads are only 60 million. Compared with the size of Tik-Tok, there is an order of magnitude gap between the two.

And another point that cannot be ignored is that Tik-Tok has been so frustrated by Almerika. It is simply free advertising, and its global popularity has soared.

…

In the new city, you can live in a villa quietly.

At this moment, Fang Hong was looking at the latest information in front of his computer, which was Tik-Tok’s global download data in November.

"As expected, the advertising effect is really good, and there is no need to pay for advertising."

Fang Hong couldn't help but laugh while browsing the information. Data shows that in November 2019, Tik-Tok has been the most downloaded and installed social media APP in the world for three consecutive months. It has dominated the list since taking the top spot in September.

Data shows that the number of global installations in November exceeded 100 million, an increase of +53.85% from 65 million in November 2018. Such a growth rate is a huge increase.

This is a historic single-month download and installation volume exceeding 100 million, directly pushing the total number of Tik-Tok users to 700 million. Three months ago, this number was 5 More than 100 million, now it is more than 700 million.

Originally, many people didn’t know Tik-Tok, but Amalika’s hard work has allowed Tik-Tok to dominate the global news hot spots for a long time. -Tok's popularity has spread with Kuangkuang, and it has given people who don't know the truth the impression that it is a very awesome APP, so many people choose to download it out of curiosity to see what is so awesome about it.

Now Tik-Tok has become a strong competitor of Instagram and continues to refresh Instagram’s growth rate that year.

The founder of Instagram said in his early years that picture social networking still has at least 10 years of growth. Now, under the impact of Tik-Tok, it has become increasingly obvious that video social networking has gradually replaced picture social networking. In the past two years, Instagram has actually been imitating Tik-Tok. The function of Tok is afraid of being overtaken.

Judging from the specific distribution data, the subcontinent is a large market for social media APPs and has a large population.

In November, the subcontinent became the region with the most Tik-Tok installations, reaching 40 million times, accounting for about 40% of the total downloads, followed by Brazil, accounting for about 10%.

Fang Hong then looked at the top 10 list of global social media application downloads in November 2019.

After Tik-Tok, the old social media app Facebook seems to be still strong, with 70 million downloads and installations, a significant increase of about 25% from 56 million in November 2018. Similarly, the region with the most Facebook installations is still the subcontinental market of India, accounting for about 24%, but the second place has changed, it is the ink pad of Southeast Asia, accounting for about 9%.

In addition, social media apps such as Instagram, Likee and Snapchat have become the top 5 most popular social media in the world in November.

There is a data that has attracted much attention, that is, the apps on the top ten list of global social media app downloads in November 2019 have all ushered in a very strong growth momentum in downloads, and the lowest growth rate is also more than 15% year-on-year in November 2018.

Fang Hong has another secret data here, which was received yesterday, and it was given to him by Chen Yu.

This data can well explain why the download and installation volume of major social media apps around the world soared so much in November, because about 90% of the downloads were contributed by Chen Yu's AI army.

"I don't know what black technology Chen Yu used to make App-Store and Google-Play useless." Fang Hong was interested, but this was a good thing that made him happy.

Chen Yu himself is a technical genius, and Fang Hong also gave him a cheat to further strengthen his technical ability.

To do this did not surprise Fang Hong too much, but he certainly could not compare with Chen Yu in terms of technology. Although Fang Hong also understands technology, it is not a problem for him to independently write and develop an APP, but he still cannot compare with top technical geniuses such as Chen Yu and Qin Feng.

They are not in the same track, and their positioning is completely different. As the big boss, Fang Hong is not a top technical genius, but his biggest cheat is that he can create top technical geniuses, which is an unparalleled cheating ability.

The most direct reason why the top ten apps in the global social media app download rankings grew so horribly in November was Chen Yu's big move, which allowed iOS and Android mobile phone users in various regions of the world to quietly install these apps without knowing it.

Including TOS of overseas STAR mobile phone users under Xingyu Technology, many foreign consumers have used STAR smartphones over the years, and there are already 40 million users in the overseas market, which also indirectly shows that STAR phones have been sold to the overseas market through channels such as routing. More than 40 million units.

Many overseas mobile phone users downloaded and installed APP applications without knowing it and ran them quietly in the background. AI-hosted accounts also occupied the user's memory and computing resources. Simply put, they used other people's resources to do their own things.

The owner of the phone was completely unaware of this. Even if the owner found a certain APP, he could not open it and would be stuck on the LOGO page. He had to uninstall and reinstall it before he could use it normally, but in this way, all the data was cleared, and he had no idea that there was an AI parasite in his phone.

Fang Hong was extremely certain that if Chen Yu's technical ability was exposed, it would definitely cause an uproar and scare many people, especially Internet giants such as Facebook and Google, because this technology was indeed too buggy.

... (End of this chapter)