#016 TikTok Announces Music Streaming App

TikTok just surpassed 1.5 billion downloads across the globe, and now they have announced plans to offer a music streaming application to rival Apple Must, Spotify, Tencent Music, and Amazon. The TikTok app offers the company immense pools of song data on how pieces of content perform with certain background music. Bytedance, the parent company of TikTok, has already announced that this new music streaming app is going to pilot this year in India and across South East Asia. Shortly after this music streaming app will become available in the United States. There will be major competition for their application but TikTok/Bytedance believe that their technology focus and advanced algorithms will help them build the best platform available. 

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