Flip, a TikTok rival that let shoppers post video reviews and earn cash based on engagement, has shut down; it had raised $300M and was valued at $1B+ in 2024 (Ann Gehan/The Information)

Ann Gehan / The Information : Flip, a TikTok rival that let shoppers post video reviews and earn cash based on engagement, has shut down; it had raised $300M and was valued at $1B+ in 2024 —  Flip, a video-sharing social media app that at one point tried to challenge TikTok's dominance, has shut down, according to a message to users and the company's website.