WeVideo is a collaborative online video creation tool. In the video editor you can upload your own media clips or use stock media clips to produce your video. The video editor provides tools for trimming the length of display and or sound of each element you add to your video project.
What makes WeVideo collaborative is that you can invite other people to create and edit with you. WeVideo offers four different user plans. The free plan allows you to upload your videos to YouTube and Vimeo but does not allow local downloads.