Credit: Joe Hindy / Android Authority
- To stimulate growth in Europe, TikTok is launching a new rewards app.
- The new app will provide monetary incentives to watch videos, get friends to sign up, and perform other actions.
- It’s unknown if or when the rewards app will come to the US.
While TikTok may be an extremely popular iOS and Android app in the US, it’s not quite as popular in Europe. In fact, the company’s growth in Europe has slowed down to the extent that it is willing to fork over money to convince more people to start watching its videos.
According to a report from The Information, TikTok is preparing to launch a new app in Spain, France, and other countries. It will be a rewards app that provides monetary incentives for watching videos, getting friends to sign up, and performing other actions. These users will reportedly be able to redeem gift cards or get digital tips they can give to their favorite creators.