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Nov 16, 2018

TikTok vs. Lasso

If you don't know the names in the headline yet: TikTok is a short video creation app and social network, specialized on lip syncing and visual effects. It is owned by ByteDance from China, a content & technology company valued at around 75 bn USD last August, and absorbed & integrated a service called Musical.ly into TikTok. Musically had/has 8.5 million users in Germany alone, reportedly around 200 million globally.

If this sounds rather hard to believe for you, don't take it from me or some journalist, take it from Facebook: They launched a competitor to TikTok, called Lasso, and this probably not because they aren't successful. Here's a comparison between the two: