Kuaishou Technology will shut down its Zynn video-sharing app, marking the end of its ill-fated attempt to challenge ByteDance Ltd’s TikTok in the US.
The Chinese social media company told users in a notice Wednesday that the Zynn service will be terminated as of Aug 20. The app, a TikTok-lookalike launched for North American markets just last year, will remove all user data after a 45-day grace period following the shutdown, according to the notice. The firm confirmed the shutdown in an statement, adding that its other overseas products won’t be affected.