Bytedance thins overseas apps further with closure of video app Vigo · TechNode

Bytedance is taking down its video-sharing app Vigo in India, the Tiktok owner said Monday, the second overseas app the company has closed in a month.

Why it matters: With Vigo’s closure just a few days after the company announced that it is phasing out news aggregator Topbuzz, Bytedance is actively narrowing its product line overseas to focus on hugely successful short video app Tiktok.

  • Vigo is a video-sharing app that allows users to create lip-syncing clips and interact with other video makers. The app had around 5.5 million monthly active users in India, their biggest market, as of May, according to Techcrunch.
  • Meanwhile, Tiktok, the company’s flagship video app, has around 200 million monthly active users in India.

Details: Vigo has already ceased operations in Brazil and the Middle East and will shut down in India by October 31, according to a company statement on Monday.

Wei Sheng is a Beijing-based reporter covering hardware, smartphone, and telecommunications, along with regulations and policies related to the China tech scene. Before joining TechNode, he wrote about…

Source link

What do you think?

Written by Aakash Malu


Leave a Reply

Your email address will not be published. Required fields are marked *





One Championship bags $70m, cuts 20% of staff

Fresh Funding For LetsTransport, Stellapps, PaisaBazaar