All publications by tag «TikTok»

Investments and transactions

Media: ByteDance postponed the IPO until the end of 2022. The position of the Chinese authorities is to blame for everything

The Chinese giant ByteDance will not appear on the stock exchange until at least the end of 2022. According to the SCMP portal, TikTok‘s parent company has decided to wait until the new rules for regulating cyberspace are approved in China. Against the background of rumors, the largest shareholders of ByteDance began to get rid of their shares.
Law

The US authorities extended the deadline for the sale of TikTok assets in the country for a week

Initially, the deadline for the sale of TikTok assets in the United States expired today, November 27. However, the country’s authorities gave ByteDance a one-week delay so that the company could have time to conclude the necessary deal.According to the new decision of the Administration of President Donald Trump, the deadline for the sale of TikTok’s American assets will expire on December 4.