Reddit said it has acquired short-form video sharing platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok. The financial terms of the deal were not disclosed.
source https://gadgets.ndtv.com/apps/news/reddit-dubsmash-buy-acquire-tiktok-rival-bytedance-china-short-form-video-sharing-2338254#rss-gadgets-all
source https://gadgets.ndtv.com/apps/news/reddit-dubsmash-buy-acquire-tiktok-rival-bytedance-china-short-form-video-sharing-2338254#rss-gadgets-all
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