Home Social – TechCrunch Technology Musical.ly launches $50 million ‘creator fund’ to build out its community

Musical.ly launches $50 million ‘creator fund’ to build out its community

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 In November, the popular lip-syncing app Musical.ly announced its acquisition by Chinese social media giant Toutiao, owned by Bytedance, in a deal sources said was valued at $800 million to $1 billion. Today, the acquisition has completed, with Musical.ly officially joining Bytedance, the companies said. In addition, Musical.ly announced the launch of a $50 million “Creator Fund”… Read More

Contributer : Social – TechCrunch
Musical.ly launches $50 million ‘creator fund’ to build out its community Musical.ly launches $50 million ‘creator fund’ to build out its community Reviewed by mimisabreena on Wednesday, December 20, 2017 Rating: 5

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