shoots to the top of the App Store, the newly released live streaming app from, has now secured the top slot in the Apple App Store. That puts above Facebook Messenger, Snapchat, Google Maps and Instagram. finished rolling out last Thursday and the app has already received over 500,000 downloads, the company tells TechCrunch. The app lets people broadcast what they are doing in real time.

“We want to thank the community for embracing as an exciting new platform and canvas for creativity and self-expression,” Alex Zhu, co-CEO of, told TechCrunch. “The fact that this comes almost one year after hit #1 on the same chart makes the news even more exciting.”

There are a lot of competitors in the live streaming space, including Facebook Live and Twitter’s Periscope. Many tech companies view this as a growing viewership category for millennials and teens.

The app for creating music videos also quickly gained traction and we’re told it has seen over 100 million downloads since it launched last year. Nearly half of its users are U.S. teenagers, although the company is based in Shanghai.

We also previously reported that, which is backed by GGV and Greylock, has been working on a funding round that would value the startup at about $500 million.

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