Friendable (OTC: FDBL), a mobile technology, marketing and software services provider, has identified an additional revenue opportunity and strategy for the company. The company announced that, following the congressional meeting that recently took place with TikTok CEO, the company is allocating resources to complete a TikTok competitive app or white-label offering. The company has significant existing and proprietary tech ideally suited for such a product and is eager to extend that technology to new mobile applications, web apps or products. The company noted that the features of its current Fan Pass technology are similar in many ways to TikTok capabilities and by updating design elements and implementing some feature tweaks, the company could deploy a new competitive app. One of the most widely used social apps, TikTok come under scrutiny recently because it is based in China and security regarding data is uncertain. “Our journey continues with even more knowledge, metrics and technology to build upon and after watching and listening intently to the market successes and failures as of late, the recent meeting between TikTok and U.S. Congress was most interesting as our paths are not too different,” said Friendable CEO Robert A. Rositano Jr. in the press release. “Seeing the rise, success and ability to attract users to a platform has amazed just about everyone around the world but following a not-so-good meeting, it seems likely TikTok will be banned or sold, which created a real excitement for me and our team because we have understood for quite some time now that our tech, features and functions for Fan Pass are not too far off from becoming a TikTok clone or competitor. This said, we believe there needs to be and will be a TikTok competitor, and with the recent developments, it seems it may come sooner than later. We must leverage our technology, prepare for this opportunity ourselves, or deliver a white-label managed solution for a partner company our team can support, should they be seeking to compete or become the next TikTok.”
To view the full press release, visit https://ibn.fm/z5jHg
About Friendable Inc.
Friendable is a mobile technology, marketing and software services provider. The Company has developed a base of technologies that have been productized beginning in 2013 and is now leveraging these various technologies to power certain Friendable owned brands, as well as white-label offerings to companies or entrepreneurs seeking to enter an existing market quickly and cost effectively, leveraging the many years of technology developed and owned by the Company. The Company is also involved in the marketing, development and identification of products, services or brand opportunities the Company feels have mass market potential and scalability. Friendable was founded by brothers Robert A. Rositano Jr. and Dean Rositano, who have more than 27 years of experience working together on technology-related ventures. For more information about the company, visit www.Friendable.com.
NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL
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