After TikTok is banned in India, Facebook is trying its best to fill this gap. Shortly after TikTok was banned, a video feature company similar to TikTok was launched on Instagram as Reels.
According to a Wall Street Journal report, Facebook is offering money to TikTok users to come to Reels, whose TikTok followers were very high.
According to the report, Facebook has offered to create exclusive content and post on Instagram Reels from big TikTok creators.
It is being told that Facebook has offered to give lakhs of rupees to these creators. A Facebook spokesperson told Forbes, ‘We have a long history of reaching out emerging creators and we work together with them.’
TikTok has been banned in India, but now this app can also be banned in America. Not only this, TikTok’s parent company Bite Dance has a lot of stakes in American investors.
According to the report, American shareholders are also preparing to buy this app by bite dance. Since Byte Dance has made it clear some time ago that the company can also think about selling the app for a better future.