Business TikTok: The app that makes social media double the fun Updated : December 17, 2018 10:24 AM IST TikTok, also known as Douyin in China, allows users to create small 15-second short videos, lip-syncing their favourite songs, dancing or duet songs. Launched in September 2016, the app has racked up close to 100 million downloads and 20 million monthly active users in India. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.