ByteDance is expanding into music, mobile games and financial services, as the Beijing-based company builds on the success of its TikTok video app
ByteDance Inc. is looking to ride the momentum of its blockbuster video app TikTok by launching new apps and expanding into e-commerce, games and other areas, as the company tries to compete against tech giants globally.
The Beijing-based company has launched a financial-services app; is testing a music-streaming service in India and Indonesia; and has acquired game developers in China, among other moves. As for TikTok, advertising executives have speculated that ByteDance could introduce a subscription service, with viewers...
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