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Short video app Kuaishou is launching in North America. Photo by the Associated Press

Chinese Rival Launches U.S. App to Challenge TikTok

By  |  May 28, 2020 1:49 AM PDT
Photo: Short video app Kuaishou is launching in North America. Photo by the Associated Press

Kuaishou, the $30 billion startup that is the second-largest social video app in China, is launching an attack in the U.S. against TikTok.

Started in early May, Zynn is an app that allows users to upload, edit and share short videos. In a twist, it is paying users to watch content and recruit other users, a model that’s proving popular amid Covid-19 lockdowns and rising unemployement in America. Within a month of its start, the app has become the topmost downloaded iOS app in the U.S., according to Sensor Tower.

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