TikTok’s parent company ByteDance reportedly set to launch a music streaming service

Additional sources are confirming that ByteDance, the company that owns TikTok, is in the process of developing a paid music streaming service, according to Bloomberg. There was talk of ByteDance developing such a music streaming app back in early April. At the time, sources told the South China Morning Post that the company planned to launch the service “soon” and that over 100 people were working on it.

ByteDance’s service is rumored to launch this fall with a focus on emerging...

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