TikTok said it has surpassed 1 billion monthly active users worldwide. The video app’s robust growth highlights the threat it poses to Facebook and Google. Last year, TikTok owner ByteDance said the app had 689 million monthly active users as of July 2020. TikTok’s rapid expansion comes after it faced major political challenges last year, when India, one of its biggest markets at the time,...
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Can Livestream Shopping Cure the Holiday Gifting Blues?
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
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