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Instagram's Reels-tiktok Rivalry Now Global by vegafbs: 10:19pm On Jul 17, 2020
Following India’s ban on the short-form video app, TikTok and the Trump’s administration insisting he would do the same, Instagram has on Friday announced that it’s preparing to launch its own video-sharing feature, Reels, in the United States and 50 other countries, just one week after it began testing the platform in India. The Reels announcement comes as TikTok finds itself in a newly weakened position globally.

Reels will let people record and edit 15-second videos set to music and audio, and upload them to their stories and Instagram’s Explore feature. An official launch date has not yet been announced.

Instagram and its parent company, Facebook have a history of mimicking other apps’ new features — and succeeding. In 2016, the company launched its Stories feature, which allows people to share content that disappears after 24 hours. Eight months later, the competitor to Snapchat (SNAP) surpassed Snapchat’s daily user count. By mid-2018, Stories was more than twice as popular as Snapchat.

Apparently, Instagram is not the only company looking to compete against TikTok.

YouTube is developing its own TikTok rival, Shorts, to be released by the end of the year, according to The Information. Similarly, Snapchat may release its own short-form video feature as well, TechCrunch reports.

Still, TikTok welcomes the challenge.

“It’s great to see that tech companies appreciate the refreshing and creative experience TikTok brings people, which has been even more evident as families have been stuck at home in recent months,” a TikTok spokesperson said. “We’ve always believed that open competition provides tremendous benefits to consumers.”

Source: https://theupdates.net/instagrams-reels-tiktok-rivalry-now-global/

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