Bytedance might be building an ecosystem 

News you want to use week 22.

ByteDance, the world’s most valuable startup and the company behind popular apps like TikTok, has released a new app: Feiliao. Or, if you translate it into English, Flipchat. The new app has a clever spin on instant messaging. It encourages users to create interest-based chat groups based on common hobbies, likes and preferences. ByteDance’s empire of social media apps have been growing steadily in the last few years. Post its merger last August, the TikTok karaoke video app surpassed one billion downloads earlier this month.That’s not all. Feiliao’s release also comes just four months after the company rolled out Duoshan, a standalone, Snapchat-inspired video-messaging app.

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