ShareChat Expands with Micro-Dramas for Growth

ShareChat, a social media company, is trying something new to get more people watching and to make more money.

They are creating short, mini-dramas, like the ones that are very popular in China.

They've launched QuickTV and are also showing these dramas on Moj, their short-video app.

These dramas are in multiple languages to reach more people, and they hope it will help them get more advertisers.

This is part of their plan to grow and become more profitable, since their main app is profitable but Moj is still losing money.

ShareChat also makes money from users buying virtual gifts.