Adult U.S. TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok
Shares of social network Snapchat (NYSE: SNAP) jumped 6.1% in the afternoon session after social media and online advertising peer, Pinterest reported first-quarter results with revenue exceeding analysts' expectations on higher-than-expected MAUs (monthly active users).
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Adult U.S. TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok were to disappear, those platforms — along with younger, smaller emerging rivals — would be scrambling for those valuable minutes…