Home deals Tinder acquires Wheel, an app for creating Snapchat-like video stories

Tinder acquires Wheel, an app for creating Snapchat-like video stories

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Photo via ijmaki on Pixabay under the Creative Commons License

Tech Crunch reports: “Dating app Tinder is looking to get into video. The company announced today it’s acquiring an L.A.-based startup called Wheel, which had developed a social network for sharing “video stories” that were said to closely resemble Snapchat’s Stories. Deal terms were not revealed, but Tinder says that it will integrate video features into its app in the future. Wheel was originally founded in 2015, when it was then called Ferris. The idea at the time was to offer a way for people to make mobile videos that were easy, fun and watchable, as well as to collaborate on videos with family and friends.”

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