Tik Tok previously Musical.ly:
On 9 November 2017, TikTok’s parent company, ByteDance, spent up to US$1 billion to purchase musical.ly, a startup headquartered in Shanghai with an overseas office in Santa Monica, California, US.[49][50] Musical.ly was a social media video platform that allowed users to create short lip-sync and comedy videos, initially released in August 2014. It was well known, especially to the younger audience. Looking forward to leveraging the US digital platform’s young user base, TikTok merged with musical.ly on 2 August 2018 to create a larger video community, with existing accounts and data consolidated into one app, keeping the title TikTok.[51] This ended musical.ly and made TikTok a worldwide app, excluding China, since China already has Douyin