TikTok owner ByteDance to launch music streaming app for emerging markets - report

Wednesday 22 May 2019 | 09:07 CET | News
ByteDance, owner of the 'TikTok' video app, is developing a paid music service for emerging markets, Bloomberg reports, citing unnamed sources familiar with the matter. According to these sources, ByteDance will launch the new app in autumn this year in emerging markets, where paid music services are just starting to build their audiences. The upcoming app is expected to offer a catalog of songs available on-demand, as well as video, the sources added.

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Categories: Mobile & Wireless
Companies: Bytedance
Countries: India / World
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