ByteDance plans music-streaming expansion to take on Spotify – WSJ

China’s ByteDance Ltd remains in talks with songs tags for increasing its music-streaming solution worldwide to take on market leaders such as Spotify Modern Technology SA, the Wall surface Road Journal reported on Wednesday. The TikTok moms and dad intends to at some point incorporate songs streaming within its short-video solution and also range it to act as a significant system for dispersing songs worldwide, according to the record that mentioned individuals with understanding of the conversations.
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