ByteDance plans TikTok IPO if U.S. clears deal: sources

FILE PHOTO: Small toy figures are seen in front of a Tiktok logo in this illustration taken, September 9, 2020. REUTERS/Dado Ruvic/Illustration

NEW YORK - China’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should their proposed deal be cleared by the White House, people familiar with the matter said on Thursday. The filing of an IPO for TikTok Global, in which Oracle Corp would also own a stake, would be on a U.S. stock exchange and could come in about a year, the sources said, requesting anonymity because the matter is confidential.Reporting by Stephen Nellis in San Francisco and Echo Wang in New York; Editing by Chris Reese

Its strongest competitor in China just announced its plan to go IPO so it felt it needed to counter that...LOL.

I ain't buying this 💩

TicToc stopped working in the America?!!!!

Could be listed 2-3 markets at the same time.

man this just wreaks of corruption, let me guess, HUGE pre-ipo allocations went to Trump organizations? And on IPO day, HUGE PAY DAY for Donald Trump?

Time's Up!

I can't keep up with this story. The tune changes too often. Call me when there's a North American TikTok so I can go back to watching middle aged people twerk to old Beyonce tunes.

Ladies & Gentlemen 47 days left... Disinfect the Oval Office Joe is on his way to white house Its Biden on Nov the 3rd! 👇👇👇

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