A man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: ReutersA man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: Reuters
A man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: Reuters

Spotify, Apple Music to face music streaming challenge from TikTok owner ByteDance: FT

  • Beijing-based ByteDance is set to launch its new music streaming service as soon as next month, according to the Financial Times
  • The service is expected to be priced lower than the US$10 a month charged by Spotify, Apple and others in the US
Topic |   Technology
A man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: ReutersA man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: Reuters
A man holding a phone walks past a sign of Chinese company ByteDance's app TikTok, known locally as Douyin, in Hangzhou, China. Photo: Reuters
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