Musical.ly was a Chinese social media platform that allowed users to create 15-second to 1-minute lip-sync videos. Launched in 2014 by Alex Zhu and Luyu Yang, the app became extremely popular among teenagers and young adults, reaching over 200 million users. The platform pioneered the short-form video format that would later dominate social media. In 2017, ByteDance acquired Musical.ly for approximately $1 billion and merged it with TikTok in 2018.
musically has received investment from 1 venture capital firm.
Social media platform that allowed users to create and share short lip-sync videos, which later became TikTok.
musically has received investment from Eniac Ventures. These venture capital firms and investors provide both capital and strategic support.
musically has raised $106M in total funding, with their most recent round being a Series B. The company operates in the Consumer sector.
musically was founded in 2014 and is headquartered in Shanghai, China.
musically operates in the Consumer sector. Social media platform that allowed users to create and share short lip-sync videos, which later became TikTok.