Reddit announces it has acquired short-form video app and TikTok rival Dubsmash
Reddit is where passionate communities come together for authentic exchanges about the topics that matter to them. Video is increasingly core to how people want to connect, and as we continue to grow our community …
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Discussion
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@reddit
@reddit
on x
Teamwork makes the dream work! We're thrilled to share our acquisition of video platform @Dubsmash. Reddit is where communities come together to discuss their favorite topics & video is an integral part of this discourse. Here's how we'll work together.👇 https://redditblog.com/..…
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@pkafka
Peter Kafka
on x
Weird mashup but why not https://twitter.com/...
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@alexeheath
Alex Heath
on x
Reddit is buying Dubsmash, one of the few remaining startups going up against TikTok, as part of a big push into video. Deal is set to be announced tomorrow. Story with @Jessicalessin: https://www.theinformation.com/ ...
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@robinwauters
Robin Wauters
on x
Easy to forget as they've sort of moved to the US a while ago, but this startup was founded in Berlin and was massively hyped 4-5 years ago. https://tech.eu/... Investors include @heartcorecap (previously Sunstone Technology), @indexventures, @balderton, @kingricardozn etc. https…
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@scottnover
Scott Nover
on x
New: @Reddit is buying @dubsmash, confirming @alexeheath and @Jessicalessin's reporting for @theinformation. By acquiring the TikTok-like app, the company is doubling down on video. https://redditblog.com/...
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@joshconstine
Josh Constine -SignalFire
on x
Reddit is buying TikTok rival Dubsmash. Here's my profile of how it recovered from laying off its whole staff https://techcrunch.com/...
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@jasoncosta
Jason Costa
on x
Excited to welcome Dubsmash to the team! https://twitter.com/...
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@dubsmash
@dubsmash
on x
we are so excited to announce that we'll be joining forces with Reddit! ty to all our dubsmashers for being a part of this incredible journey. we're so honored to join a company whose focus is also building thriving communities. <3 https://twitter.com/...
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@michaelmiraflor
Michael J. Miraflor
on x
Reminder: Rihanna debuted BBHMM on Dubsmash way back in 2015. Wouldn't surprise me if she had a stake in it. https://twitter.com/...
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@amir
Amir Efrati
on x
🔥🔥Sunday night scoop: @reddit makes surprise move to buy TikTok rival @dubsmash, which drew M&A interest from Facebook & Snap this summer. by @alexeheath @Jessicalessin https://www.theinformation.com/ ...
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@axios
@axios
on x
NEW: Reddit has acquired Dubsmash, the short-form video app akin to TikTok, the company said in a statement provided to Axios https://www.axios.com/...
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@alexeheath
Alex Heath
on x
There is a land grab in M&A happening in the short-form mobile video space, as TikTok and bigger cos like FB continue to suck up the oxygen. Companies that have looked at buying Dubsmash in recent months: Snap, Facebook, Twitter. (Also, Reddit has been in talks to raise more $)
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@turnernovak
Turner Novak
on x
Reddit acquires Dubsmash: - 25% of Black teens in US are on Dubsmash - 70% of users female - 30% of users login + create content daily - 1 billion video views per month Reddit had 1.4b monthly video views in Feb 2019, total videos posted up 2x in 2020 https://redditblog.com/...
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@joshelman
@joshelman
on x
Congrats to everyone involved in Dubsmash and Reddit. This is exciting to see. The Dubsmash team's story of pioneering this creativity and their persistence is an impressive one https://twitter.com/...