11 February, Kathmandu. Facebook’s parent company Meta said on Tuesday that Facebook has launched its Shirt Video feature reels in more than 150 countries around the world that are seen as competitors to TikTok.
Meta, which lost nearly a third of its market value last quarter due to its poor financial reports, has made the reels its top priority.
The Facebook company launched the Reels feature on Instagram in 2020 and last year in 2021 brought the Reel feature on Facebook as a test. Facebook has launched Reel to compete with the hugely popular Chinese video app TikTok.
Meta CEO Mark Zuckerberg said in a Facebook post on Tuesday that Facebook’s rapidly expanding feature is now rolling out to all Facebook users around the world.
According to Facebook, Facebook users now spend half their time on videos on social media.
Facebook has also announced a feature that allows users to earn money through reels. According to Facebook, the bonus program for reel makers will be expanded to several countries and users of the reel platform will be able to earn money from ads in the form of banners and stickers. from Reuters