”Bytedance lanserar Spotify-utmanare”
Företaget Bytedance – som ligger bakom den omåttligt populära videoappen Tiktok – står i begrepp att lansera en betald streamingtjänst för musik på utvecklingsmarknader. Det uppger Bloomberg, som hänvisar till personer med insyn i saken.
Tjänsten blir en utmanare till bland annat Spotify och Apple Music, och enligt uppgifterna så ska man primärt satsa på marknader där streamingtjänster ännu inte fått något bredare genomslag.
Bytedance
Wikipedia (en)
ByteDance (Chinese: 字节跳动; pinyin: Zìjié Tiàodòng) or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012.
ByteDance's core product, Toutiao ("Headlines"), is a popular content platform in China. Toutiao started out as a news recommendation engine and gradually evolved into a platform delivering content in a variety of formats, such as texts, images, question-and-answer posts, microblogs, and videos. Toutiao offers its users personalized information feeds that are powered by machine learning algorithms. A content feed is updated based on what the machine learns about a user’s reading preferences.
ByteDance also pioneered the video-sharing mobile app TikTok. After it acquired music start-up musical.ly, the company combined the two platforms into a single application under the TikTok name. It also runs BuzzVideo and Vigo Video.
ByteDance had over 800 million daily active users (over 1 billion accumulated users) across all of its content platforms as of November 2018. The company was valued at $78 billion as of November 2018 and is considered one of the most valuable unicorns in the world.
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