Bytedance is joining the battlefield of the music streaming service
Posted On May 27, 2019
Not being satisfied with harvesting the global success of its short video platform TikTok, Bytedance started exploring the paid music market, challenging industrial leading providers such as Spotify. However, its presence in China may foresee a fierce battle where the free music streaming service still dominates. Whether the market can be persuaded by the emerging tech giant to pay for the entertainment is something that interests everyone.