Google Might Buy Firework, Rival Company of TikTok
Date: 05 – October – 2019
Google is in talks with the company Firework discussing it’s possible acquisition by the tech giant. Firework it’s a video app similar to TikTok, where users share 30 seconds homemade videos, one crucial difference with TikTok is that the target audience is older.
The company value is estimated to be more than $100 million USD and its headquarters are in Redwood City, California. Firework was launched last year as “The future of social mobile TV” according to their website, and it’s known that some of its founders are former executives from JP Morgan Chase & Co, Snap and LinkedIn.
But Google is not the only company looking to have a deal with Firework, Weibo, the Chinese equivalent to Twitter has also expressed its interest in the company.