Musical.ly, the video app popular with teenagers, was acquired in November by Chinese news aggregation giant TouTiao for a whopping sum in the ballpark of $800 million. What does TouTiao plan to do with its expensive purchase? According to a planning document provided to Gizmodo, one of Musical.ly’s initiatives under…
Source: Gizmodo – Teen App Musical.ly May Try to Dethrone HQ Trivia