Facebook Releases Pinterest Clone App Named ‘Hobbi’

Joanna Estrada
February 16, 2020

"Facebook has 2.5 billion users". It was found on a US-based phone yesterday evening.

With that said, it should come as no surprise that Facebook has now developed a brand-new app called Hobbi. The app is aimed at hobbyists or those who're looking to pick up a new hobby.

However, we have seen that Facebook is quick to react as it did by releasing Lasso app which is a TikTok-clone. The NPE Facebook team has launched a live school radio application called AUX, a social network application called Bump that allows you to chat anonymously with classmates from the university and a memes creator called Whale. It's not available on Android right now, but we assume that to change if the app gains traction among iPhone users. The team is formed to create apps and also shut them down if they are not meeting the desired expectations.

Facebook declined to remark about Hobbi or its plans for it. In a observation, a Pinterest spokesperson downplayed the similarities. Hobbi is a photo and video sharing app which is designed for documents. The idea is to track the progress you're making over time.

The observation, on the other hand, stated that any similarities in different apps simplest validate the paintings Pinterest is doing to construct group round a visible seek engine.

The Information also today published news of Hobbi's launch, noting that Pinterest shares fell on the news. Now with Facebook officially commenting on the issue, it looks like the users in India might have to wait longer for the app to arrive. Pinterest's stock has run up 19% over the past three months, while Facebook shares have advanced 11% and the S&P 500 has gained 9.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

No corporation in all probability has felt that ache greater than Snap.

Other reports by Click Lancashire

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