Thursday, 4 March 2021, 7:38 am
The use of the mobile phone to access the internet has
grown tremendously in China over the last decade. The
penetration rate of mobile internet users in China was at an
all-time high in 2020, making the apps marketplace one of
the most competitive in the world. Data presented by TradingPlatforms.com
breaks down the leading apps in China in 2020 per
category.
Mobile Internet User Penetration Rate Almost
100% in 2020
Mobile internet penetration rate measures
the percentage of internet users going online via mobile
phones, and China’s rate has grown at an incredible pace
in its recent history. In 2010, China’s mobile internet
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ByteDance did not comment on the number of layoffs. India was TikTok’s largest international market before it was initially barred, along with others, in the wake of border tension with China in June. However, people connected with the company said it was dedicated to maintaining a presence in India, albeit with a smaller team for now. “This is an important market for us, and we remain committed to resolving this issue,” said one of them.
TikTok s interim global head Vanessa Pappas and Blake Chandlee, vice president for global business solutions at TikTok, sent an internal email to employees regarding its future in India. A company-wide conference call was held with all India employees to announce the layoffs on Wednesday morning.