ByteDance
-
Microsoft said to have paused talks to buy TikTok
Microsoft and video-sharing app TikTok owner Bytedance have put negotiations to buy the US operations of the app on hold after President Trump signaled opposition, the Wall Street Journal reported Saturday citing people familiar with the matter.
-
It's time to review why TikTok is so successful
In May 2020, the short video app TikTok took the top spot in global mobile app (non-game) revenue. That makes its owner ByteDance the only other tech company besides Apple to have more than 100 million users in both China and the West.
-
ByteDance reportedly offers to forgo stake in TikTok, Microsoft would take over
Short video app TikTok's owner ByteDance has agreed to divest the US operations of the app completely in a bid to save a deal with the White House, Reuters reported Saturday citing two people familiar with the matter.
-
TikTok owner ByteDance said to consider listing China business in HK or Shanghai
ByteDance, the owner of popular short video app TikTok, is considering listing its domestic business in Hong Kong or Shanghai, Reuters reported on Friday citing people familiar with the matter, who added the company prefers Hong Kong.
-
ByteDance investors reportedly value TikTok at $50 billion in takeover bid
Some investors of TikTok’s parent company ByteDance seeking to take over the video app are valuing it at about $50 billion, 50 times its projected 2020 revenue of about $1 billion, Reuters report Wednesday citing people familiar with the matter.
-
ByteDance said to consider plan to protect TikTok by selling it to US investors
Chinese video app TikTok could be split off from its parent company ByteDance and sold to investors in the United States in order to shield it from regulatory wrath, according to The Information.
-
TikTok parent firm says its non-China business HQ has not yet been finalized
In response to media reports that TikTok is setting up a global headquarters in the UK, the video-sharing platform's parent company ByteDance said that the headquarters for TikTok's non-Chinese operations has not yet been finalized.
-
U.S. considers banning TikTok
The U.S. White House is considering blacklisting TikTok, effectively preventing Americans from using the popular short video app, the Financial Times reported on Friday.
-
ByteDance plans China expansion to resist US pressure to sell TikTok
Faced with the threat of a U.S. ban on TikTok, its parent company ByteDance has made it clear to some investors that the plans to focus more on growth in the Chinese market, The Information cited a ByteDance investor as saying.
-
ByteDance may spin off TikTok as US company, report says
ByteDance, the parent company of short-video app TikTok, is looking at strategic alternatives, including a possible spin-off of Tiktok as a US company, according to the Hong Kong Economic Times, which cites sources with knowledge of the matter.