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TikTok-maker ByteDance to launch music streaming service in India

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21.05.2019

ByteDance, the Chinese internet company behind viral sensation TikTok, is developing a music streaming service to take on global biggies Spotify, Apple Music, and others.


It has already secured deals with music labels, including Times Music and T-Series in India, and is expected to roll out the service sometime later this year, reported Bloomberg.


Currently the world's most valuable startup at $75 billion, ByteDance plans to tap into emerging markets where freemium services have started to pick up. Its music app is expected to run on a free/ad-supported model as well as a........

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