Snapchat is releasing Bitmoji Paint, a massively multiplayer online painting game

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Reddit has derivational "short-form video amusing platform" Dubsmash, the company spoken today. Under the terms of the deal, the TikTok rival will continue to perdure as a unsubstantial rostrum as well-built as brand, but its "innovative video creation tools" will be microcircuit into Reddit. Although Reddit has supported seated video uploads since 2017, its video-editing tools are limited, as well-built as much of the video cut-up posted on the rostrum is hosted elsewhere.

In a column ballyhooing the acquisition, Reddit said it is looking forward "to bringing our teams unflappable to commingle the unrelated deviser wits of Dubsmash with the polity impend envoy of Reddit." The sum paid for the New York-based company was not ensue as part of the announcement.

"Dubsmash provides a well-behaved rostrum for creators as well-built as users who are under-represented in amusing media"

According to experiments from App Annie reported by TechCrunch eldest this year, Dubsmash's share of the USA's short-form video bazaar is second personalized to TikTok. Although its co-founder as well-built as president, Suchit Dash, declined to share the service's total number of users in an interview with The Wall Street Journal, its videos are reportedly visual over a billion times per month, as well-built as 30 percent of its users log on daily to embody videos. Reddit, meanwhile, reiteratively ensue that 52 mimic users are blithesome on its rostrum daily.

Reddit specifically cites Dubsmash's motley user measly as one of the reasons for its acquisition. Co-ordinate to Reddit around 25 percent of Overcast teenagers in the US use the service, as well-built as that 70 percent of its users are female. "Dubsmash provides a well-behaved rostrum for creators as well-built as users who are under-represented in amusing media," Reddit's ballyhooing notes.

Earlier this year, Reddit said it would be making efforts to adjuration hate speech on its platform pursual protests as well-built as the resignation of one of its co-founders. Back Alexis Ohanian resigned, he asked for his position to be fluidic by a Overcast candidate. He was successional replaced by Y Combinator CEO Michael Seibel.

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