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China’s ByteDanceByteDanceByteDance is a Chinese internet technology company that owns TikTok and Douyin, a Chinese version of TikTok with a successful e-commerce arm.READ MORE has struck a deal with a clutch of investors to set up a new U.S.-focused TikTok that complies with the country’s regulatory requirements.
ByteDance will retain a 19.9% stake in the new TikTok, which will be “majority American-owned,” the Chinese company said in a statement. The new entity will have three…
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China’s ByteDanceByteDanceByteDance is a Chinese internet technology company that owns TikTok and Douyin, a Chinese version of TikTok with a successful e-commerce arm.READ MORE has struck a deal with a clutch of investors to set up a new U.S.-focused TikTok that complies with the country’s regulatory requirements.
ByteDance will retain a 19.9% stake in the new TikTok, which will be “majority American-owned,” the Chinese company said in a statement. The new entity will have three…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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