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Chinese Media Giant to Buy Karaoke App Musical.ly for $800 Million
Beijing ByteDance Technology Co., the company behind giant Chinese media startup Jinri Toutiao, has acquired buzzy teen social video app Musical.ly for about $800 million, according to people familiar with the deal

Source: Bloomberg

https://www.bloomberg.com/news/articles/2017-11-10/toutiao-is-said-to-buy-karaoke-app-musical-ly-for-800-million

10 2017 | View: 23 | Foreign experience | Printint version
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