Reddit Acquires Dubsmash

December 14, 2020

Reddit has acquired short-form video app Dubsmash in an undisclosed cash-and-stock deal to accelerate its video strategy. Dubsmash — a Berlin-based short-video social platform focused on creators and underrepresented communities — will operate as its own brand within Reddit while the founders and team join Reddit to integrate Dubsmash’s video creation tools into Reddit’s product.

Buyers
Reddit
Targets
Dubsmash
Location
Berlin, Germany
Transaction Type
Buyout

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