Chinese company ByteDance, owner of the TikTok app, announced the signing of binding agreements with three key investors to establish a joint venture to manage the TikTok app in the United States. This project will involve American and international investors, in an attempt to avoid a ban from the US government.
ByteDance signs agreements to establish TikTok joint venture in the US
Chinese company ByteDance, owner of the TikTok app, announced the signing of binding agreements with three key investors to establish a joint venture to manage the TikTok app in the United States. This project will involve American and international investors, in an attempt to avoid a ban from the US government.