2 ms·
I think they all failed for the same reason, video is expensive and the markets can't pick a winner when the game can't be won without money. But if the Chines
by qppo 6y ago
I think they all failed for the same reason, video is expensive and the markets can't pick a winner when the game can't be won without money.
But if the Chinese government wants to prop up TikTok and pick them as the winner, they can.
- justicezyx 6y agoTikTok parent, ByteDance, already owns DouYin, which is the original APP that TikTok was based on, with significant ingestion from Musically. As a matter of fact, TikTok's previous CEO was Musical.ly's founding CEO. Although it seems the online records are disappearing fast. I could not find a good source of the TikTok history and key figures any more...