Reddit acquires Dubsmash and enters the short video market

The Next Web
By Ivan MehtaDec 14, 2020, 12:53 am185 pts
We probably wouldn’t have survived 2020 if not for those funny and entertaining short videos on many platforms like TikTok. Instagram introduced its new Reels feature this year to get a piece of the short video pie. Now, Reddit is entering the market by acquiring TikTok‘s rival, Dubsmash. The company said…

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