The Big Story: TikTok users' defiance leads to the rise of another China-owned app, RedNote
Description
170 million Americans are on TikTok, but maybe not for much longer. The app is due to be shut down in the US on January 19.
As a potential ban looms, speculation over where TikTok users would migrate if a ban were to take effect has centred around alternatives like YouTube Shorts and Instagram Reels.
However, one Chinese-owned app has crept to the top of the App Store’s free downloads. Some creators – ‘TikTok refugees’, are opting for Xiaohongshu, or Little Red Book to fill the impending TikTok void.
Is RedNote the next TikTok? And what does it all mean for the fate of TikTok in the US after January 19? Could a US entity buy over TikTok's US operations? And the biggest question of all: Would ByteDance sell its most successful app?
On The Big Story, Pushan Dutt, Professor of Economics and Political Science at INSEAD to find out more.
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