TECH CRUNCH - Feb 23 - Twitter recently held talks to acquire Indian social media startup ShareChat as the company explored ways to expand its presence in the world's second-largest internet market and build a global rival to TikTok. Twitter offered to but ShareChat for $1.1B and had committed an additional investment of $900M. Twitter had expressed intention to take Moj, a short-form video app that ShareChat owns with 80M users, to international markets and position it as a rival to Chinese app TikTok.
« A Race to Reverse-Engineer Clubhouse Raises Security Concerns | Main | Bolo Indya Launches Live Streaming Feature for Creators »
Twitter Explored Buying ShareChat and Turning Moj Into a Global TikTok Rival
|
