ByteDance announced this week that it will have a majority 80% stake in the new U.S.-based TikTok company, refuting the claim from Trump that the deal would have “nothing to do with China.” The company also said that it plans to carry out a small round of pre-IPO financing that will give ByteDance an 80% … Continue reading “ByteDance to Own 80% of TikTok Global”
Author: Sophia Vida
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