TikTok: ByteDance US investors consider buying majority stake - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Some US investors of Bytedance, including Sequoia Capital, are reportedly considering buying a majority stake in TikTok

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Some US investors of Chinese tech giant Bytedance are considering buying a majority stake in TikTok, according to an Information report.

The report comes as Bytedance continues to prepare for a potential US ban on the popular video-sharing app that has played a part in strained US-China relations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's a CCP controlled APP, not matter how it's reconstructed.

This has to happen imo. Tiktok’s rise and potential for growth is way too important for it to be torn apart due to politis. Bytedance should sell a majority stake to investors that would please both the US and China.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »

US stocks trade mixed as investors wait for new coronavirus stimulus from Congress - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The stock market can only levitate on stimulus and money printing. Investors want money to play a game 98% want money to eat.... let that sink in ResignNowTrump FacadeStocks
Source: BusinessInsider - 🏆 729. / 51 Read more »

Big Tech lobbying spend fell during the pandemic, but TikTok's Chinese parent company ramped upTikTok's parent company scaled up spending in Q2 as U.S. officials consider banning the app over national security concerns. Fuck TikTokSupport ! We don't need them. bullih
Source: CNBC - 🏆 12. / 72 Read more »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »