Photo: WENN.com
The black and white performance is a slowed-down version of the original song, with The Weeknd's smooth vocal (real name, Abel Tesfaye) and Grande's trademark warble soaring effortlessly over a solitary acoustic guitar.
Watch the video below.
The track was first released on 30 September and entered the Top 10 on the US Billboard Hot 100.
The Weeknd recently revealed his addition to the Fifty Shades of Grey soundtrack, 'Earned It', with the film set for release in February 2015.