Reuters
- Shortform video app TikTok - which has grown 400 employees in the US - announced on Wednesday it has opened a new LA office.
- TikTok is owned by Chinese company ByteDance, which is currently seeking a new head for US operations.
- TikTok also revealed that it will open its own content creation studio in the summer.
- Visit Business Insider's homepage for more stories.
TikTok seems to be everywhere right now.
The app, which allows users to share audio and pair it with different videos, has become a place where memes start and grow, and one politician is even betting it can get elected to congress. With the announcement of its LA office, the company shows that it's planning on sticking around.
It was the second-most downloaded app in the Apple App Store and Google Play store in 2019, surpassed only by Facebook-owned WhatsApp. It has 1.65 billion downloads to date, according to SensorTower.
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