ByteDance has no sale plans for TikTok, media report untrue, says head

Technology
Tuesday, 24 Dec 2019
7:00 PM MYT

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Bloomberg reported that the company was considering a TikTok stake sale. — Reuters

Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to US concerns.

Bloomberg reported that the company was considering a TikTok stake sale.

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ByteDance has no sale plans for TikTok, media report untrue, says head