| Not a fan of the company, but they are much more than musical.ly. - Toutiao, the content farm (think Buzzfeed++), a pivot from the original news aggregator model. It has 120M DAU as of last October, per YC's report [1]. - Douyin, or Tik Tok, the short video platform, a pivot from originally a copycat of Musical.ly (ironically). It has 150M DAU [2]. - Dailyhunt, Toutiao for the India market. - Musical.ly, an acquisition. I have a strong disdain for the company, because the content is almost completely garbage, rumors, and click-baits, and it is dangerously addictive. [1] https://blog.ycombinator.com/the-hidden-forces-behind-toutia... [2] https://walkthechat.com/douyin-became-chinas-top-short-video... |
This is the part I feel quite sad for them.
Yes, they break out the iron grips of Tencent, but look at what they did.
It paints a painfully-clear image of China's Internet market: Race to bottom, not only in market poly, but also in the actual content.