Lasso was launched in 2018 as an answer to TikTok, which has gained popularity globally.
However, Lasso failed to gain traction and match TikTok. Facebook is now betting on Instagram Reels. It is also similar to TikTok where a user can record 15 second videos.
Instagram Reels can capture the Indian market after government banned 59 Chinese apps including TikTok.
4 Comments on this Story
Ds 204 days ago
We should continue the BAN on Tik Tok until we are sure that China has no control over its information and MS has no plans to share information with China. BAN CHINESE APPs AND PRODUCTS IN SOLIDARITY WITH 20 JAWANS KILLED BY CHINESE PLA - 20 JAWANS's FAMILY HAS LOST A SON, FATHER, HUSBAND DUE TO CHINESE UNWARRANTED INCURSION AND OCCUPATION OF INDIAN TERRITORY.
Sid Sin206 days ago
Well lasso is not quite good name.
Mohamed Shabib241 days ago
Ambaniji will be happy now that tiktok is banned because their investor is gaining here now.