Spotify and Apple Music could face major competition…from TikTok?

TikTok may be working on a rival to Spotify and Apple Music, based on a new trademark application its parent company ByteDance just filed in the US.

The trademark is for a service called TikTok Music. Not only does the name imply that it’ll be a rival to the world’s best music streaming services, but the trademark application spells it out for us. ByteDance calls TikTok Music a smartphone and computer application that “enables users to purchase, play, share [and] download music” as well as offering the ability to listen to non-downloadable (read: streamed) audio and video.

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