If you are over the age of 18, you more than likely have never heard of Musical.ly (now TikTok). If you are a marketer or investor, you should take note of this upstart social network. Musically already has 200 million registered users and a very loyal following among teenagers.

Musical.ly was started by Alex Zhu and Luyu Yang in China in 2014. It was originally launched as a short-form video platform that focused on self-education. They quickly pivoted from this concept after launch and decide to focus on the world of teenage pop entertainment.

The re-launched and current Musical.ly is essentially a video sharing social networking app, but what sets it apart from all the other social apps is the focus of the short videos being shared on the platform are of users lip-syncing and dancing to their favorite songs. A basic concept, but one that is currently a very popular one.

I recently sat down to find out more about Musical.ly and gather a few stats. There aren’t many stats currently available, but now that people in the industry are starting to take note, I suspect we will be seeing more stats soon. Here are a few of the Musically statistics I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

TikTok / Musical.ly Facts

Website: www.tiktok.com
Musical.ly Launch Year: 2014
TikTok Launch Year: 2016
live.ly Launch Year: 2016 (shut down in 2018)
Chinese Version: Douyin
Parent company: Bytedance
Headquarters: Shanghai, China
Mobile Apps: iPhone | Android

What isTikTok / Musical.ly?

musical.ly is a video social network for creating, sharing and discovering short videos. Every day, millions of people use musical.ly as an outlet to express themselves through singing, dancing, comedy, and lip-syncing. The app celebrates creativity with videos that are shared across the musical.ly community. (source)