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by dirtyid 2017 days ago
TikTok is literally a new global app for Douyin. It's not about trade deficits, it is about waning exceptionalism of silicon valley. They finally learned to debundle US culture with US tech. Something TikTok has been very agile on, making regional adaptations and complying to regional laws. Hubris is what kep facebook and google from returning to Chinese market 10 years ago.
1 comments

Pretty easy to “debundle” when you just block access. If I lived in China I would take tiktok over any Silicon Valley app, and if I was looking for maximum network effects I would also use tiktok because potential market is 1.4 billion people larger