Popular teen app Musical.ly sells for reported $800M – CNET

CNET
Popular social music app Musical.ly has been bought by Beijing Bytedance Technology for a reported $800 million, according to Bloomberg. Bytedance, a company valued at $20 billion and which produces the Toutiao news aggregation app, announced the …
Lip-Syncing Video App Musical.ly Has Been Sold For A Reported $1 BillionForbes
Musical.ly, the lip-syncing video app, is going to sell for at least $800 millionRecode
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