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Twitter has also sparked initial discussions to buy Tiktok US
Mumbai: Speculation is rife about the possible return of TikTok to India if recent media reports of Microsoft wanting to buy the India operation of the Chinese app. Twitter has also sparked initial discussions to buy Tiktok US, The Wall Street Journal reported on Saturday. In the wake of such developments, most investors who were looking to place bets on homegrown short-video apps, have grown rapidly over the past month, before further clarity. Things are changing every few days. "Short video is an opportunity to cash in on
Rutvik Doshi, managing director of Inventus Capital Partners, said, "Capitalize on the video sharing market to produce a better product than Tiktok instead of Tiktok clones." "Money will flow at this place if some investors want." Take a bet based on their risk capital. But some, like I still wouldn't jump into an opportunity because the whole picture is still not clear. "" It can be difficult for small companies to raise money; However, large entertainment platforms that have expanded. This place has seen major growth and cementation of profit ”CEO of Karan Bedi said
Video streaming platform MX Player, which recently launched a small video app MX Tiktok. The MX player is owned by Times Internet, a part of the Times Group, which publishes this paper. ET said last week's report, in terms of time spent per user, Tak Tak led the charts with 23 minutes, followed by 10 minutes for ShareChat's Moose, and 7.4 minutes for Dailyhunt's Josh, July 26. Indicated similar data to.Investors say the valuation option for content creators is Tickcock's high-stakes sales in the US and India, its largest market with more than 650 million downloads, according to Censor Tower data, changing the course of events Is, say investors. "The plan has been canceled right now," said a VC tracking the space on condition of anonymity. In the first week of demonetisation, every investor wanted to be part of the fundraising cycle for two TicketTalk options. And spark. The week after, five other players appeared and it mesmerized everyone."Regardless of whether they (TikTok) are acquired by Microsoft or Twitter, they must first resolve US market issues, which gives us 3-6 months of headway to build our social capital among Indian users," Sumit Ghosh. , The cofounder said of the spark. The short-video-sharing app raised $ 1.3 million in funding earlier this week.
Mitron TV, which is another player, is said to have raised a new funding round of $ 5 million in early July. But most of Tiktok's other local rivals have not yet received a large amount. The news of global players like Microsoft entering the fray adds another layer of uncertainty to the current situation. "It may affect investors who have written fat checks in parts of the Tickcock clone," said Ghogi of Chinagari.
Rutvik Doshi, managing director of Inventus Capital Partners, said, "Capitalize on the video sharing market to produce a better product than Tiktok instead of Tiktok clones." "Money will flow at this place if some investors want." Take a bet based on their risk capital. But some, like I still wouldn't jump into an opportunity because the whole picture is still not clear. "" It can be difficult for small companies to raise money; However, large entertainment platforms that have expanded. This place has seen major growth and cementation of profit ”CEO of Karan Bedi said
Video streaming platform MX Player, which recently launched a small video app MX Tiktok. The MX player is owned by Times Internet, a part of the Times Group, which publishes this paper. ET said last week's report, in terms of time spent per user, Tak Tak led the charts with 23 minutes, followed by 10 minutes for ShareChat's Moose, and 7.4 minutes for Dailyhunt's Josh, July 26. Indicated similar data to.Investors say the valuation option for content creators is Tickcock's high-stakes sales in the US and India, its largest market with more than 650 million downloads, according to Censor Tower data, changing the course of events Is, say investors. "The plan has been canceled right now," said a VC tracking the space on condition of anonymity. In the first week of demonetisation, every investor wanted to be part of the fundraising cycle for two TicketTalk options. And spark. The week after, five other players appeared and it mesmerized everyone."Regardless of whether they (TikTok) are acquired by Microsoft or Twitter, they must first resolve US market issues, which gives us 3-6 months of headway to build our social capital among Indian users," Sumit Ghosh. , The cofounder said of the spark. The short-video-sharing app raised $ 1.3 million in funding earlier this week.
Mitron TV, which is another player, is said to have raised a new funding round of $ 5 million in early July. But most of Tiktok's other local rivals have not yet received a large amount. The news of global players like Microsoft entering the fray adds another layer of uncertainty to the current situation. "It may affect investors who have written fat checks in parts of the Tickcock clone," said Ghogi of Chinagari.
Doshi of Inventus said that when Teetalk will have to work towards rebuilding its ranking on the Play Store. “There is a strong Chinese sentiment among the people. It would also take time, if acquired, to communicate its changed ownership from Chinese to American. Many people still don't know that Instagram is owned by Facebook, "he said, adding that Byte Dance, according to a Reuters report, its revenue amount for January-March 2020 is up more than 130% - over $ 5.6 billion. While Bloomberg reported that the company generated $ 17 billion in revenue over $ 3 billion in net profit last year.



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