Investing, US News

ByteDance Scraps U.S. IPO After Meeting with Chinese Officials

tiktok black lives matter TikTok ByteDance Ban Huawei tiktok privacy concerns

ByteDance, the company that owns social network TikTok, has indefinitely abandoned its intention to go public in the U.S. after the Cyberspace Administration of China (CAC) urged it to review possible risks for the security of its users’ data, according to the Wall Street Journal. Q2 2021 hedge fund letters, conferences and more ByteDance Dropping […]

The post ByteDance Scraps U.S. IPO After Meeting with Chinese Officials appeared first on ValueWalk.

Jump To The Original Source

Facebook Comments

Check Also

Most Anticipated Earnings Releases for the week beginning August 2nd, 2021

submitted by /u/bigbear0083 [link] [comments] ...

Archives