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Mark Zukerburg, Facebook Global

Facebook's Mark Zuckerberg Admits that TikTok is Doing Well

With over 200 million users in India, TikTok, owned by Beijing-based ByteDance, is fast closing the gap with Facebook in the country. "So we have a number of approaches that we`re going to take towards this, and we have a product called Lasso that`s a standalone app that we`re working on, trying to get product-market fit in countries like Mexico, is I think one of the first initial ones," Mark Zuckerberg was quoted as saying.

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