Tiktok owners to launch new music streaming service

By CreatorStack · 1 month ago

ByteDance, who own the popular video app, are set to launch the new service, which currently goes by the name Feilo, later this year.

The reported development of Felio comes just one year after ByteDance’s launch of another music streaming platform in India called Resso. It was set up to rival streaming giants Spotify.

YouTube retains the top spot for overall time spent on apps – not per user – as it has more users overall than TikTok, with an estimated two billion monthly users – TikTok has somewhere around 700 million.