Reddit to shut down TikTok-like Dubsmash App a year after buying the app

Long before TikTok arrived, Dubsmash was the most popular short video platform among users. However, Dubsmash’s popularity dipped soon after TikTok came into play. Dubsmash was acquired by Reddit a year ago. But seems like the video platform couldn’t carve a niche for itself in a market dominated by Instagram Reels…