Snap adds TikTok, one of the hottest social networking apps, to its list of competitors
https://www.cnbc.com/2019/02/06/snap-adds-tiktok-to-its-list-of-competitors.html
Snap has added a new foe to its growing list of competitors.
The company on Wednesday added TikTok, an up-and-coming social app that is owned by China-based company ByteDance, to the list of companies that it considers to be competitors, according to a company filing with the SEC. TikTok joins a list of Snap competitors that includes top name likes Facebook, YouTube and Twitter, among others.