Reddit is buying TikTok rival Dubsmash

Reddit is buying TikTok rival Dubsmash. The company's logo is displayed on a smartphone in this photo illustration taken in the Brooklyn borough of New York, on June 30, 2020.

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.

Recommended for you

(0) comments

Welcome to the discussion.

Please log in, or sign up for a new, free account to read or post comments.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.