Douyin is subject to different regulations, including the Chinese Communist Party's censorship rules.TikTok and Douyin are both owned by ByteDance but operate independently, with TikTok's CEO based in Singapore.
The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.
How will the two most powerful leaders in the world get on and do business? If their past face-to-face meetings are anything to go by, it’s not going to be easy, writes Michael Sheridan
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ByteDance board member confident deal to save TikTok in US will be reached soon
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Trump can save TikTok without forcing a sale, ByteDance board member claims
TikTok Weighs Alternatives to Sale, ByteDance Director Ford Says
ByteDance is exploring a deal to keep TikTok running in the US without selling its operations there, according to board member Bill Ford.
Pausing the enforcement of the TikTok ban was one of a slew of executive orders Trump signed on Monday.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
DAVOS, Switzerland (Reuters) - The CEO of investment firm General Atlantic, a board member of TikTok's parent company, said on Thursday that he was optimistic that a deal to keep the short-video app operating in the United States would be agreed.
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
U.S. President Trump is to speak to an international audience for the first time after returning into the White House with a speech and Q&A by video conference to the World Economic Forum’s annual eve
DAVOS, Switzerland (Reuters) -U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the Davos event on Thursday.
United States President Donald Trump is seemingly using TikTok, a popular social media platform owned by Chinese tech company ByteDance, as a bargaining chip for Sino-US economic and trade relations, experts and market insiders said on Tuesday.
President Donald Trump this week paused a ban on the app and said he has "the right to make a deal" to try to save it. Legal experts questioned whether he can override a federal law that bans it. And the app's China-based parent company appeared open to brokering an agreement.
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