Twitter Acquires Niche, A Platform for Vine Video Creators

Twitter announced Wednesday that it has acquired Niche, a discovery platform of content creators on Vine

Twitter announced Wednesday that it has acquired Niche, a discovery platform of content creators on Vine (also owned by Twitter).

According to Business Insider, the price tag for the acquisition was roughly $50 million in cash and stock.

Twitter announced the purchase on its blog:

As more users and creators use different products as a way to share what’s happening in their world, brands are also looking to partner with those individuals in hopes of generating moments that resonate with the people they are trying to reach.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in