TikTok owner ByteDance is planning to move U.S. users to a new version of CapCutits video editing app, according to a report from Business Insider.
Launching a U.S.-specific app could be part of the company’s broader plan to comply with a 2024 law requiring ByteDance to divest from TikTok and its other U.S. assets, or risk being forced to cease operations in the country.
ByteDance is also reportedly developing a new version of TikTok for U.S. users ahead of an expected sale of the app to a group of investors.
CapCut has been downloaded more than 1 billion times on the Google Play store. It also ranks as the top video app on the iOS U.S. App Store, ahead of both Instagram and YouTube.
It’s currently unknown if ByteDance plans to create U.S.-specific apps for its other services, Lemon8 and Gauth.
