DIGITAL SERVICE PROVIDER

ByteDance is a China-based technology company that owns and operates a number of digital products including the TikTok social media platform and Toutiao, a news and information platform. ByteDance, currently valued at over $78bn, is one of the most valuable private companies in the world.

ByteDance has recently soft launched a new music streaming and social media service called “Resso” (the “Service”) initially in a limited number of developing markets—currently India and Indonesia (Aug. 2021).