How do websites such as vimeo stay in business when directly competing with massive giants like YouTube?

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How do websites such as vimeo stay in business when directly competing with massive giants like YouTube?

In: Economics

2 Answers

Anonymous 0 Comments

Because in a way they aren’t directly competing. Vimeo provides a very similar service to YouTube but it’s target market (Despite some overlap) is not the same, therefore they still have users providing revenue and hopefully profit.

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