Sources: BeReal closed a $60M Series B earlier this year valuing it at ~$600M; the app has ~20M DAUs, up from 7.9M in July 2022 (TechCrunch)

Amanda Silberling / TechCrunch:
TikTok adds TikTok Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using front and back cameras  —  TikTok launched a new feature today that is basically just a copy of BeReal, the buzzy French social app that’s been steadily gaining popularity.

Financial Times:
Sources: BeReal is exploring adding paid features to avoid advertising; the app now has 15M DAUs, up from 10K in March 2021, and is now valued at ~$600M  —  Photo-sharing app BeReal is exploring the addition of in-app payments for extra features to avoid Instagram-style advertising …

Mia Sato / The Verge:
Sensor Tower: TikTok Now, the BeReal clone debuted on September 18, is in the top 10 social networking apps in 39 countries and the top 100 apps in 24 countries  —  The TikTok Now feature was first announced last week and is built into the TikTok app for US users.

Sarah Perez / TechCrunch:
Sensor Tower: BeReal has passed 53M installs, its MAUs are up 2,254% since January, and ~9% of its active installs on Android opened the app every day in Q3  —  Gen Z social media app BeReal encourages its users to take a photo every day — a format designed to create a daily habit.

Sarah Perez / TechCrunch:
Facebook will shutter Neighborhoods, its Nextdoor-like product to help neighbors connect and share local information, in October, after launching it in May 2021  —  Meta today confirmed it’s shutting down Neighborhoods, its Nextdoor clone launched last year to standardize the way neighbors connect …

Lauren Forristal / TechCrunch:
Source: creators that use Snapchat’s TikTok clone Spotlight will now be paid millions per year, down from millions per week in 2021 and $1M per day in 2020  —  Snapchat has changed the way it pays creators through its Spotlight reward fund.  Creators that use Snapchat’s TikTok clone …