Users worried about TikTok ban appear to be downloading a different Chinese social media app
Chinese social media app RedNote is at the top of Apple's app store. RedNote is often thought of as the Chinese equivalent of Instagram. The company was founded in 2013 and had about 300 million monthly active users in July 2024. It was valued at $17 billion in July - it has raised over $900 million in total funding and has more than 2,000 employees. Many TikTok creators are rushing to find an alternative platform where they can keep posting videos while waiting to see what happens with TikTok, which faces a potential ban on January 19.