Musical.ly Sells For $800 Million! | MUSIK !D TV NEWS
It has been reported that Musical.ly made a deal with Beijing ByteDance Technology Company, a Chinese company, for $800 million. Musical.ly has over 100 million users and was founded by Louis Yang and Alex Zhu in 2014.
“Musical.ly will continue to operate as an independent platform, integrating Bytedance’s global leading Al technology and leveraging its reach in China and key markets across Asia to enhance Musical.ly’s offering to users, creators, and partners.” – Bytedance & Musical.ly
What do you guys think? Let us know in the comment section down below.