ByteDance reportedly plans to release US-specific version of CapCut | TechCrunch
Briefly

ByteDance is preparing to move U.S. users of CapCut to a new version of the app. This initiative aligns with a 2024 law that necessitates ByteDance to divest from TikTok and other U.S. assets. The company is also reportedly working on a new TikTok version specifically for U.S. users, anticipating its sale to a group of investors. CapCut has been downloaded over 1 billion times and is currently the leading video app in the U.S. App Store. ByteDance's plans for U.S.-specific apps for its other platforms remain unclear.
ByteDance is planning to move U.S. users to a new version of CapCut, its video editing app, aligning with the 2024 law mandating compliance.
ByteDance is reportedly developing a new version of TikTok for U.S. users as part of expected divestitures to a group of investors.
CapCut has been downloaded more than 1 billion times on the Google Play store and ranks as the top video app on the iOS U.S. App Store.
It remains uncertain whether ByteDance intends to create U.S.-specific apps for its other services, including Lemon8 and Gauth.
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