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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.
⚙️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.
The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for China’s high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
