Rivals are beginning to cash in on Tickcock’s uncertain future in the United States. Another video app called Triller has reached the top of the App Store charts in dozens of countries – after a chaotic weekend that was tapped by Microsoft, confirming that it is pursuing the Tiktok acquisition.
In addition to securing poll status on the iOS App Store and Android’s Google Play Store, Triller said that its video app downloads have increased 20-fold in the past week to nearly 250 million worldwide. It now sits in many countries such as the United States, India, France, and more, above popular services like Snapchat and TikTok.
“We could not be more thrilled to have this recognition and to be excited with such diversity. This aligns with our guiding principle: Triller — where you do, ”Triller CEO, Mike Lu said in a statement.
Triller, which has 50 million monthly active users as of July 2, has been around for years, but as Tiktok’s future hangs in the balance, the video app has hosted an astronomical growth worldwide. The US-based company has also actively released new features and made exclusive exclusive deals with celebrities such as the upcoming Mike Tyson vs. Roy Jones Jr. bout.
Yesterday, on 1 August, it launched a series of new camera editing tools, which serve a surge of TikTok users scouting for options. On top of that, Triller already has a baked-in demonetization system and recently acquired an app called Halogen to offer live streaming. In addition, the app hosts a number of high-profile celebrities including Chance the Rapper, Alicia Keys, Cardi B and more.
What’s more, last week, Triller sued TickTock and its parent company, BuyDance, for patent infringement. Filing alleged that TickTalk’s facility where it allows users to stitch multiple videos simultaneously using the same audio track on patents granted to Triller co-founders David Lieberman and Samuel Rubin three years ago.
Triller is not the only capitalization on opportunity. Byte, another US-based video app created by the co-founder of Vine, has seen a wave of new users over the past few days, and now with Triller for the number one spot on the iOS and Android App Stores Is coping closely.
At the moment, TikTok has survived a full ban from the United States and its US business is expected to be acquired by Microsoft in the next few weeks.
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