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Alex Zhu proved that you don’t need to be Facebook to become a social media hit

Seems Fb and Google aren’t the one firms able to construction (or purchasing) a success cell apps.

Alex Zhu’s Musical.ly, a track video and lip-synching app well-liked by youngsters, used to be bought through the Chinese language web company Toutiao for greater than $800 million this 12 months. That’s a candy payday for Zhu, who based Musical.ly simply 3 years in the past, and can provide hope to different client app startups (and their buyers) looking to create a mega-hit in lately’s cell surroundings ruled through large web giants.

Whilst Musical.ly offered, partly, for the reason that corporate’s person expansion used to be beginning to lag, the big-time go out could also be evidence that client apps can achieve an important scale regardless of Fb and Google claiming lots of the web’s consideration — and in Fb’s case, copying or purchasing anything else that could be a danger.

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