TikTok signs joint venture deal to avert US ban over ownership
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TikTok signs joint venture deal to avert US ban over ownership
TikTok said on Thursday it had agreed to a joint venture with investors to keep operating in the United States, averting a potential ban tied to its Chinese ownership, US media reported. CEO Shou Chew said ByteDance approved the deal, with Oracle, Silver Lake and Abu Dhabi-based MGX as major invest»»»
TikTok signs joint venture deal to end US ban threat | The Express Tribune
TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban over its Chinese ownership. The move caps a lengthy tussle over the hugely successful video-sharing app in the world's largest economy, whe»»»
TikTok Signs Joint Venture Deal To End US Ban Threat
TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban over its Chinese ownership. The move caps a lengthy tussle over the hugely successful vide ... »»»
BusinessTikTok signs joint venture deal to end US ban threat
WASHINGTON: TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban over its Chinese ownership. The move caps a lengthy tussle over the hugely successful video-sharing app in the world’s largest »»»
TikTok Signs Deal to Sell US Entity to American Investors
TikTok's Chinese owner ByteDance signed binding agreements to form a joint venture that will hand control of operations of TikTok's US app to American and global investors, according to a memo by TikTok CEO Shou Zi Chew seen by Reuters. The deal, set to close on January 22, would end years of effor»»»
TikTok signs joint venture deal to end US ban threat
TikTok said Thursday it has signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban threat over its Chinese ownership. According to an internal memo seen by AFP, TikTok CEO Shou Chew told employees that the social media com»»»
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