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Facebook worried as TikTok set to eclipse Twitter, Snapchat ad share, Marketing & Advertising News, ET BrandEquity

Facebook has been losing users for quite some time while TikTok’s usage is rising in the US. TikTok‘s meteoric rise has baffled Meta (formerly Facebook) as the Chinese short-video app is set to overtake the global advertising share of micro-blogging platform Twitter and photo-sharing platform Snapchat this year. Moreover, TikTok is predicted to catch up with Google-owned YouTube by clocking $23.6 billion in ad revenue by 2024, reports The Guardian. “Last year, it overtook the global ad take of Snapchat,” the report said on Saturday. TikTok, which […]

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