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> I wonder why they didn't buy TikTok when it was starting to become popular like they did with Instagram or Whatsapp. ByteDance was a large company before Tik
by rkk3 5y ago
> I wonder why they didn't buy TikTok when it was starting to become popular like they did with Instagram or Whatsapp.
ByteDance was a large company before TikTok and had other successful products. TikTok actually developed out of a billion dollar acquisition Bytedance made[1]. It wasn't for sale. Sort of like how Tinder wasn't for sale because it was owned by IAC (Match, OkCupid).
Also regulatory environment in the US and in China would make it unfeasible.
[1] https://en.wikipedia.org/wiki/ByteDance https://en.wikipedia.org/wiki/ByteDance
- cercatrova 5y agoI remember when it was still Musical.ly, man I'm old
- ssully 5y agoYup. I remember my younger cousin showing me Musical.ly and thinking how horrible the app seemed. Should have realized she was ahead of the curve!