Why did musically get shut down?

Related questions

1. Did musically get sold?
2. How many followers do you have to have for Instagram to pay you?
3. Can you earn money from Instagram?
4. Is Tik Tok turning back into musically?
5. Where is Tik Tok located?
6. Is ByteDance publicly traded?
7. Do people make money on Instagram?
8. Is musically shutting down in 2018?
9. Why did they change musically to Tik Tok?
10. Why musically changed its name?

Tags

1. #plans
2. #however
3. #users
4. #merger
5. #being
6. #technology
7. #owner
8. #bigger
9. #musical
10. #monthly
11. #bytedance
12. #other
13. #million
14. #community
15. #tiktok
16. #social
17. #after
18. #active
19. #music
20. #which
21. #merge
22. #beijing