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⚙️ RedNote, Flip, Clapper and Likee claim the top of the App Store as TikTok comes back online

As TikTok returns online after a brief ban, several competing apps have surged in popularity, dominating the App Store's top charts. RedNote (Xiaohongshu) has claimed the No. 1 spot, gaining 700,000 new U.S. users during the TikTok ban. Other apps like Clapper, Flip, and Likee also ranked high, with Clapper and Likee taking the No. 4 and No. 2 spots, respectively.

The TikTok outage prompted users to explore alternatives, signaling a preference for Chinese apps over Instagram. Despite TikTok's restoration, these competitors continue to thrive, with significant download increases reported. Notably, VPN apps also saw a spike in downloads as users attempted to bypass restrictions during the ban. The app landscape is expected to shift again as users reconsider their choices with TikTok back online.

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⚙️ RedNote, Flip, Clapper and Likee claim the top of the App Store as TikTok comes back online

As TikTok returns online after a brief ban, several competing apps have surged in popularity, dominating the App Store's top charts. RedNote (Xiaohongshu) has claimed the No. 1 spot, gaining 700,000 new U.S. users during the TikTok ban. Other apps like Clapper, Flip, and Likee also ranked high, with Clapper and Likee taking the No. 4 and No. 2 spots, respectively.

The TikTok outage prompted users to explore alternatives, signaling a preference for Chinese apps over Instagram. Despite TikTok's restoration, these competitors continue to thrive, with significant download increases reported. Notably, VPN apps also saw a spike in downloads as users attempted to bypass restrictions during the ban. The app landscape is expected to shift again as users reconsider their choices with TikTok back online.

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In many cases, the content resembled that of the marketplaces found on the dark web, a group of hidden websites that are popular among hackers and accessed using specific anonymising software.“We have recently been witnessing a 100 per cent-plus rise in Telegram usage by cybercriminals,” said Tal Samra, cyber threat analyst at Cyberint.The rise in nefarious activity comes as users flocked to the encrypted chat app earlier this year after changes to the privacy policy of Facebook-owned rival WhatsApp prompted many to seek out alternatives.

Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.

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