Once surpassed TikTok, China's "master" cool drama app Reelshort became popular overseas.
Hawk_Finance
2023-11-20 17:50:04
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Since August, the shares of its parent company, Chinese Online, have soared as live-action skit app Reelshort has exploded in overseas markets, mainly in Europe and the United States.。From November 2 to November 9, a steady influx of smell-sensitive funds pulled the company's share price from around $12 to $29, surpassing the April high of 27 this year..76 yuan, up 140% in just one week! Sensortower data shows that Reelshort's active regions are the United States, the Philippines and India, with about 5-10 million downloads and installations, and 2 million downloads in October alone; google play station data shows that its app downloads are about 5 million。On the revenue side, Reelshort earned about $1 million last month.。
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