Market Chatter: AppLovin to Build Social Platform After Failed TikTok Bid

MT Newswires Live

5 hours ago

AppLovin (APP) is planning to build its own social networking platform after the company's failed bid last year to buy TikTok's assets outside China, Bloomberg reported Thursday.

The company's plans were disclosed by Chief Product and Engineering Officer Giovanni Ge in a recent Chinese podcast, the report said.

AppLovin also has a job posting seeking a Singapore-based software engineer to "architect the digital backbone of our next-generation social platform."

AppLovin didn't immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 408.32, Change: +3.93, Percent Change: +0.97

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 408.32, Change: +3.93, Percent Change: +0.97</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0353189763.USD","symbol_name":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612289038","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612289038","pubTimestamp":1771518512,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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