Events

Facebook loses its position as the most valuable network in the world to TikTok; Look

Facebook is one of the most used social networks in the world, but over the last few years another network has established itself and quickly become popular, TikTok.

Advertisement

Facebook is one of the most used social networks in the world, but over the last few years another network has established itself and quickly become popular, TikTok. According to the consultancy Brand Finance, responsible for carrying out a ranking of social networks, the market value of TikTok increased by 11.4%, a result that led the network to lead the list and be the most valuable social network today.

TikTok's current value, according to consultancy data, is US$ 65.69 billion. Facebook, in turn, experienced complications in 2022, losing billions in market value. According to Brand Finance, Facebook's current market price is around US$ 59 billion.

TikTok, thanks to its short videos, trends and dances, has become popular mainly among young audiences. Due to the explosive success of the network in the world, it will be difficult for Facebook to regain its position as the most valuable network.

Valuable networks beyond Facebook and TikTok

The networks that are in the Top 5 most valuable in the world, in addition to TikTok and Facebook, are WeChat, Instagram and LinkedIn. WeChat is not very popular here in Brazil, but it is the most important messaging tool used in China. Its operation is similar to WhatsApp and Telegram. In the year 2022, the App suffered a sharp decline in market value, with a drop of 19%. Now, the value of the platform is estimated at US$ 50.2 billion.

Instagram and LinkedIn showed satisfactory results and grew significantly in 2022. Instagram has a value of US$ 47.4 billion, with an impressive increase of 42%. LinkedIn grew by 49% and reached an estimated value of US$ 15.5 billion.

The TikTok App

The TikTok App allows users to create short videos of up to 60 seconds that usually have background music and can be sped up, slowed down or edited using filters.

To create a music video with the App, users can choose background music from various genres and record a 15-second video with adjustable speed before uploading it to share with other TikTok users or other social platforms. 

About the author  /  Tiago Menger

Trending Topics

content

Netflix: Sharing accounts will be charged sooner than expected

Netflix announced changes that could soon make the streaming service more expensive in the country. Find out more about the extra charge.

Continue lendo
content

See 11 professions for those who don't like dealing with the public

There are several professionals with the most varied types of profiles. However, there are those who are introverted and end up preferring professions that don't involve many people.

Continue lendo
content

Safe School: Flávio Dino says the project led to hundreds of arrests

The Minister of Justice and Public Security stated this Thursday that the safe school operation has already resulted in hundreds of arrests

Continue lendo

You may also like

content

ChatGPT: Language Model is not a villain as they say

Currently being the most controversial artificial intelligence at the moment, ChatGPT has already arrived, worrying some SEO professionals

Continue lendo
content

Why did the Lula Government cancel the 13th Bolsa Família? Understand

Several beneficiaries still question whether Bolsa Família will pay a 13th salary. However, the Federal Government has already clarified that this extra amount will not be released

Continue lendo
content

Find out how to make money on Kwai

Turn your time on Kwai into a source of extra income! Find out how to make money on Kwai in 7 different ways.

Continue lendo