TikTok owner ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, according to a report from Business Insider.
Launching a U.S.-specific app could be part of the company’s broader plan to comply with a 2024 law requiring ByteDance to divest from TikTok and its other U.S. assets, or risk being forced to cease operations in the country.
ByteDance is also reportedly developing a new version of TikTok for U.S. users ahead of an expected sale of the app to a group of investors.
CapCut has been downloaded more than 1 billion times on the Google Play store. It also ranks as the top video app on the iOS U.S. App Store, ahead of both Instagram and YouTube.
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