Reddit Acquires TikTok Rival Dubsmash

Reddit has acquired short-form video-sharing platform – and TikTok rival – Dubsmash. Reddit and Dubsmash officials recently unveiled the high-profile buyout, which arrives as a number of TikTok competitors are taking steps to expand their reach and market share. This announcement message doesn’t specify the financial terms of the deal, though Dubsmash owners were reportedly […]
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