TikTok is biggest Snapchat advertiser
TikTok is Snapchat's top advertiser in 2019, surpassing brands like Coca-Cola, Comcast, Disney, and AT&T. This shows that although Snapchat and TikTok each compete for users, particularly Gen Zs, TikTok might be aggressively looking to capture some of Snapchat's users.
Ad analytics firm Sensor Tower also noted that TikTok was the number one app install advertiser on Facebook in Feb 2019, but dropped to 40th in February last month, which shows TikTok's increased emphasis on Snapchat (and Instagram) ads, both of which have a higher percentage of younger users.
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