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TikTok owner ByteDance denies it’s exploring selling stake in app

TikTok owner ByteDance denies it’s exploring selling stake in app

ByteDance is not currently exploring selling its stake in TikTok, despite a report from Bloomberg stating that preliminary conversations were held as scrutiny from US officials grows. TikTok head Alex Zhu sent a note to staff addressing the report in which he called it inaccurate. Concerns about the app have been raised in US recently, with the Navy banning the app from government-issued phones.

Chris
Chris
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..... 7 months

Suuuure

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