Todd Spangler NY Digital EditorReddit announced the acquisition of Dubsmash, a TikTok-like short-form video app whose mission is to “elevate underrepresented creators.”Terms of the deal weren’t disclosed.
Dubsmash, founded in 2015, raised $20.2 million from investors including Eniac Ventures, Heartcore Capital, Index Ventures, Lowercase Capital and Sunstone Life, per Crunchbase.Dubsmash claims its app generates more than 1 billion monthly video views and overindexes on Black and female users.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.