The Leaderboard
by Product Hunt
This $1B company suddenly shut down 😮
Musical.ly is shutting down.
They were acquired last year by Chinese social-giant Bytedance, who owns and operates international competitor Tik Tok for a reported $1B.
Tik-tok was the #1 most downloaded app globally in the first quarter of 2018. The karaoke-esque 15 second video-sharing app was downloaded over 45,000,000 times in the first three months of 2018. That's more downloads than Snapchat, Spotify, and Gmail...combined. 😮
All of Musical.ly's 100M users will be transitioned over to Tik Tok in an attempt to bring their entire userbase under one roof. 😢
We're sad to see Musical.ly go, but this wasn't a huge surprise. Bytedance killed Musical.ly's livestreaming app Live.ly in early June, despite its massive popularity among 26M+ users.
Sunrise, Mailbox, and now Musical.ly – all of our favorite apps eventually shut down. Come pay your respects at the Startup Graveyard. ⚰️🥀
They were acquired last year by Chinese social-giant Bytedance, who owns and operates international competitor Tik Tok for a reported $1B.
Tik-tok was the #1 most downloaded app globally in the first quarter of 2018. The karaoke-esque 15 second video-sharing app was downloaded over 45,000,000 times in the first three months of 2018. That's more downloads than Snapchat, Spotify, and Gmail...combined. 😮
Tik Tok originally launched as a lip-syncing app named Douyin, complete with Snapchat-like video effects and a a built in social network. It reminds us of when we spent all weekend playing with Mac Photo Booth effects.
All of Musical.ly's 100M users will be transitioned over to Tik Tok in an attempt to bring their entire userbase under one roof. 😢
We're sad to see Musical.ly go, but this wasn't a huge surprise. Bytedance killed Musical.ly's livestreaming app Live.ly in early June, despite its massive popularity among 26M+ users.
Sunrise, Mailbox, and now Musical.ly – all of our favorite apps eventually shut down. Come pay your respects at the Startup Graveyard. ⚰️🥀
Highlight
ATTN event organizers! We’re building something new for you. If you’re hosting a tech event or want to start a Product Hunt meetup in your city, let us know.
August 2nd, 2018
Daily Top Products
1. Sip for WebDaily tappable tech news from Product Hunt 😻
2. RewardfulInstantly setup affiliate and referral programs with Stripe.
3. DaisieThe playground for creative collaboration.
4. Tilda Icons700+ free vector icons in 40+ business categories
5. Away ModeProtect your home with this awkward Alexa skill
6. Help a ScientistContribute to a real scientific project in your spare time
7. PreelyRemote user testing and rapid prototyping
8. NewgradJobs for new graduates
9. Naked Home Body ScannerTrack your fitness journey in 3D.
10. Smooch.io for WhatsAppEngage with your customers on WhatsApp like never before
The Leaderboard
Monday through Friday
Our ultra-fast Daily: Three takes on new products. Yesterday’s top ten launches. That’s it.