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Ahmedabad Stock:Byte beating will close its music stream media service Reso in India

Time:2024-10-25 Read:25 Comment:0 Author:Admin88

Byte beating will close its music stream media service Reso in India

ByTedance will close its music streaming media service RESSO at the end of this month because the company will focus on expanding Tiktok Music globally.It is worth noting that RESSO is one of the last active businesses in India after Bytedance banned Tiktok in 2020.

As MoneyControl first pointed out, the RESSO application has now been removed from Play Store and App Store.For users with the application, streaming media services are still valid, but they cannot buy new subscriptions.

The company confirmed this progress and stated that he did not intend to launch Tiktok Music in India.

"Unfortunately, due to the local market conditions, we can no longer continue to provide services to India's RESSO users. Therefore, we decided to close Reso and its related businesses on January 31." Bytedance spokesman said: "We will refund the user to usersThe remaining subscription fee.Ahmedabad Stock

RESSO was launched for the first time in 2020, and India is its last active market.The streaming media services have also been operated in Indonesia and Brazil.However, bytedance launched Tiktok Music in these two markets last July.At that time, the company said that RESSO would be closed in Brazil and Indonesia on September 5.

In May 2023, Bytedance changed the RESSO to the service that was limited to subscribing to "provide a better user experience for fans, while increasing the opportunity of the right holder and artist."Bangalore Stock Exchange

As of now, in addition to Indonesia and Brazil, Bytes have launched Tiktok Music in Australia, Singapore and Mexico.

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