Reddit acquires short video platform Dubsmash
Online social news and discussion site Reddit has acquired short video platform Dubsmash for an undisclosed amount. Dubsmash's video tools will be integrated into Reddit, while Dubsmash will maintain its brand and platform. Dubsmash's entire team, including three Co-founders Suchit Dash, Jonas Druppel and Tim Specht will join Reddit. Dubsmash was also reportedly in talks with Facebook and Snap.