Why isn't Musical.ly valued at 10 billion as commercialized as Toutiao? At 10:00 a.m., Toutiao announced that it will formally sign an Portugal Phone Number List acquisition agreement with Musical.ly, a well-known short video social product in North America, and will spend $1 billion to acquire Musical.ly wholly. So far, on July Portugal Phone Number List 6, 2015, the Musical.ly ranked first in the US app store, surpassing Facebook and YouTube's Musical.ly, known to the domestic public. They are working in Shanghai. They did not intentionally choose the US market from the beginning, but the US market chose them.
Today, with a valuation of over US$1 billion, they are still in no hurry to talk about business models and are still focusing on product polishing. Portugal Phone Number List And operation, market promotion and precipitation, when should the business model be considered? According to the special report on Musical.ly by the entrepreneurial dark Portugal Phone Number List horse, I have a certain understanding of its development, and now I have extracted the key stages for everyone to solve the problem of "when to consider the business model" as a case reference.
From MVP to Resurrection In June 2016, "Forbes" published an article "America's Hottest New APP: Musical.ly"; in December 2016, the British "Guardian" reported Portugal Phone Number List on the Internet celebrities on the company's platform. It is Portugal Phone Number List mainly a short video social software. Users can hold up their mobile phones, select a song, perform a 15-second singing video to the mouth, and then publish it, waiting for likes and comments. At the same time, the software provides a variety of special effects and editing tools. Not that they chose the US market, but the US market chose them.