"How You Like That" was a commercial success in South Korea and peaked at number one on the Gaon Digital Chart for three weeks, marking Blackpink's third number-one single in the country.

It peaked at number 33 on the US Billboard Hot 100, becoming Blackpink's second top-40 hit and tying as the highest-charting song by a female K-pop act in the country.

[3] Three days later, YG Entertainment released a prologue of the group's newest reality show, 24/365 with Blackpink, ahead of its launch on July 4,[4] via YouTube.

[5] According to member Jisoo in the prologue of 24/365 with Blackpink, the song represented a move from previous "powerful" music, describing it as more "swag".

Musically, "How You Like That" is an EDM,[12][13] hip hop,[14] trap, club[15] and pop song[16] about "not being daunted by dark situations and to not lose the confidence and strength to stand up again".

[17] A "thrillingly bombastic lead single", Billboard wrote, the track "fuses pop, trap and hip-hop with regal horn blasts and a braggadocious hook.

[25] In South Korea, the song debuted at number 12 on the Gaon Digital Chart issue dated June 21–27 with less than two days of tracking.

[67] In the United States, "How You Like That" debuted at number 33 on the Billboard Hot 100, tying with "Sour Candy" as the highest-charting song by a female Korean act at that time.

[69][70] The song also reached the top twenty in Australia, Canada, Estonia, Hungary, New Zealand, the United Kingdom and Scotland.

The members are depicted dancing in several locations, including a jungle, a trapezoidal hall, and the Arctic, all while rocking a parade of high-fashion looks.

[82] The colorful music video shows Jennie, Lisa, Rosé and Jisoo delivering both a message of resilience and a blistering kiss-off to an unseen foe.

Controversy sparked on social media after the official music video's release due to the inclusion of a statue of the Hindu god Ganesha in a solo scene with band member Lisa.

[23] In October 2020, the song was performed by Everglow during the second season of KCON:TACT’s live online concert.

[88] The song made an appearance in the 10th episode of the first season of the Disney+ series Big Shot titled Marvyn's Playbook, which was broadcast on June 18, 2021.

[90] In 2023, "How You Like That" was featured in a commercial for the Google Pixel 8 smartphone[91] and was added to the main tracklist of the video game Just Dance 2024 Edition.