Everyone who is on TikTok knows about CapCut because it helps you edit videos and make them even more amazing. But is it true that this awesome app is owned by TikTok?
CapCut’s Chinese version was in the top 10 Worldwide (non-game) Most Downloaded Apps in 2019 and it totally deserves this place. If you also love this app as much as we do, scroll below to learn more about this app and its ownership.
What is CapCut?
It is a free video-editing app that has all the features that you would want in one place. You can use this app to remove all the flaws and make the video you are working on look professional.
CapCut lets you cut, reverse, change the speed, add lots of amazing effects, transition easily, add music, put on some funky stickers, add text, have multi-track timelines and so much more.
History of CapCut
ByteDance, the parent company of TikTok, had a video editing app for TikTokers called Jianying. Then an overseas version of the app was launched by Shenzhen Lianmeng technology called the Viamaker.
This app was acquired by ByteDance in 2018 at $300 million and it is now available in four languages – English, Japanese, Korean, and Portugal. Viamaker had identical features to its Chinese Counterpart.
The name of the app was changed to CapCut on 11th December 2020 and it has been the same amazing app ever since.
Does TikTok own CapCut?
CapCut is owned by Bytedance Pte. Ltd. in the category of “Video Players and Editors”. The app was developed by a startup but then it was acquired by Bytedance in 2018.
So TikTok does not own CapCut but the company who owns TikTok also owns CapCut.
CapCut has 4.5 stars rating on Google Play and more than 50 million installs so far. When will you be downloading the app?