TikTok Music is challenging Spotify and Apple

Full video: https://youtu.be/whHhrPsB_ko

Video transcript:
TikTok seems to be challenging Spotify & Apple by working on a music streaming app.
ByteDance the parent company of TikTok has filed a trademark application with the US patent & trademark office for “TikTok Music” back in May.
According to the filing, the app would include standard features that come with today’s music streaming apps such as creating & sharing playlists, commenting on music as well ofc actually streaming the music.
ByteDance also owns a pretty popular music streaming app already called “Resso”.
Which I believe is actually experiencing faster growth than Spotify.
And ofc TikTok itself contains a ton of music so they’d definitely have the experience to make a real competitor to the giants such as Spotify & Apple Music.
So the only question is, what would make you switch to “TikTok Music”?

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