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Reddit acquires short-video platform Dubsmash Back on 2014-2015, one of the most popular apps in the social media space was Dubsmash, a video sharing platform that took the internet by storm thanks to innovative short creative format. Reddit has now announced their acquisition of Dubsmash, bringing over the platform and its team under Reddit itself. Dubsmash became extremely popular among social media circles thanks to the myriad of tools it offered to creators for creating really interesting videos. Creating re-enactments of popular movie scenes or songs, combined with the original videos we...

Reddit is buying TikTok rival Dubsmash By Charles Riley, CNN Business Published Dec 14, 2020 11:45:27 PM enablePagination: false Photo courtesy: Gabby Jones/Bloomberg/Getty Images (CNN) -- Message board juggernaut Reddit is accelerating its push into video, snapping up a sharing platform that is popular with young people and women. Reddit said in a statement on Sunday that it has acquired TikTok rival Dubsmash. It did not disclose the financial terms of the deal. Dubsmash allows users to create and share video content, and it's especially popular with young, diverse audiences. About 25% of B...

Reddit buys TikTok competitor Dubsmash The short-form video app has a sizable number of young, diverse creators, Reddit says. Listen - 01:41 Reddit is hopping on the short-form video app train. Angela Lang/CNET Reddit on Sunday said it has acquired short-form video app Dubsmash, a rival to video-sharing giant TikTok. As part of the purchase, Reddit will integrate Dubsmash's video creation tools into the site, "which will empower Reddit's own creators to express themselves in original and authentic wa...

Reddit Acquires Short-form Video Social Platform Dubsmash Dec 14 2020 · 11:50 UTC by Steve Muchoki · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Steve Huffman, CEO of Reddit, said that Dubsmash and Reddit share some common ideologies thus making the acquisition very strategic in their future growth prospects. American social news platform Reddit Inc has acquired a New York-based video-sharing social media platform Dubsmash. The acquisition of Dubsmash by Reddit is a strategic move for both entities to thrive in the highly competitive social media mar...

Reddit acquires Dubsmash Reddit announced that it has acquired short video platform Dubsmash. The deal’s terms were undisclosed. Dubsmash will retain its own platform and brand, and Reddit will integrate its video creation tools. Its leadership team, Suchit Dash, Jonas Drüppel and Tim Specht, will join Reddit. [Edited: While Reddit’s post referred to Dash, Drüppel and Specht as Dubsmash’s co-founders, it was actually founded by Drüppel, Roland Grenke and Daniel Taschik.] According to Crunchbase data, the app has raised $20.2 million from investors including Lowercase Capital, Index V...