Yahoo Finance published this video item, entitled “TikTok-style dating app aims to compete with Tinder, Bumble” – below is their description.
Lolly Co-Founder and CEO Marc Baghadjian joins Yahoo Finance Live to discuss the Lolly app and how it aims to transform dating with a Tiktok-style interface as well as compete with veterans Tinder and Bumble.
Yahoo Finance YouTube Channel
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In This Story: TikTok
TikTok, known in China as Douyin, is a Chinese video-sharing social networking service owned by ByteDance, a Beijing-based Internet technology company founded in 2012 by Zhang Yiming. It is used to create short music, lip-sync, dance, comedy and talent videos of 3 to 15 seconds, and short looping videos of 3 to 60 seconds.
ByteDance first launched Douyin for the Chinese market in September 2016. Later, TikTok was launched in 2017 for iOS and Android in most markets outside of mainland China; however, it only became available worldwide, including the United States, after merging with another Chinese social media service Musical.ly on 2 August 2018.
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