The deal, set to close on Jan. 22, will end years of efforts to force the app’s Chinese parent company ByteDance to divest its US business.
TikTok’s Chinese owner, ByteDance, signed binding agreements with three major investors to sell just over 80% of the company’s U.S. assets to American and global investors to avoid a U.S. government ban, TikTok CEO Shou Zi Chew told employees on Thur… [1786 chars]
Source: Naples Daily News | Published: 2025-12-18T23:12:22Z
Credit: Naples Daily News
