Bytedance on Tuesday disclosed its user data with an astonishing set of figures demonstrating monthly active users (MAU) reaches 1.5 billion by the end of June, which is a 50% increase compared to January. The excellent data suggested a prosperous outlook of the short video and news aggregator market. Douyin, the Chinese version of TikTok, boasted 320 million active users, making up close to half of the company’s total DAU.
