tiktok owner is reportedly developing a spotify competitor

TikTok is one of the most popular social media apps right now. It lets users make short videos of themselves lip-syncing to songs and other pop culture references. It has proven to be an immense hit, particularly in emerging markets. A new report mentions that ByteDance, the Chinese owner of TikTok, is now developing a Spotify competitor to challenge the world’s top music streaming service in precisely those markets. Bloomberg […]
Link: https://www.gsmdb.com/ubergizmo/2019/05/tiktok-owner-is-reportedly-developing-a-spotify-competitor/