TikTok owners to launch new music streaming service
TikTok reportedly have made plans to launch a new music streaming service in China.ByteDance, who own the popular video app, are set to launch the new service, which currently goes by the name Feilo, later this year.According to Chinese outlet 36Kr, work on the app began in 2019, and is the brainchild of Alex Zhu, ByteDance’s Vice President of Product and Strategy.The reported development of Felio comes just one year after ByteDance’s launch of another music streaming platform in India called Resso.