Instagram Reels – Why is Facebook Competing TikTok?

TikTok is booming right now. So Facebook is bringing its own video-sharing platform called Lasso App.
TikTok is a trash app made for not-so-sober people, right? Wrong.
It is indeed becoming a favorite platform for brands, educators and marketers.
Lasso App owned by Facebook will give a tough competition to TikTok