CapCut, the international version of Jianying, rises, posing a major threat to Adobe and KuaHua

China Finance Online
2024.08.01 00:46
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Chinese tech giant ByteDance's video editing app CapCut, known as CapCut in its international version, is rapidly rising and is expected to erode the user base of companies like Adobe and KuaHua. CapCut is a simplified video editing tool with special effects that are highly popular among TikTok users. According to Sensor Tower data, since its launch outside mainland China in 2020, CapCut's mobile monthly active users have exceeded 300 million, accounting for 81% of the total monthly active users of mobile video editing. CapCut's rapid dominance has made Adobe investors worried that users may abandon complex professional applications