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Bytedance said that TikTok will not be sold

Business Habit ⋅ @businesshabit ⋅ Apr 27, 2024

The United States Senate has passed a bill on the video sharing app TikTok. They stipulated that the app should be sold to a US company. Or the US will ban the app in its country. Given all this, ByteDance, the company owned by TikTok, said that they would not sell this app. News BBC.

The company said through its official account on its owned media platform Toyoshiao, "ByteDance has no plans to sell TikTok." However, TikTok has not yet commented on the matter.

Earlier this week, TikTok said it would go to court to challenge the US decision. According to a report by technology website The Information, ByteDance is considering selling the TikTok app in the United States. In response to this report, ByteDance said that foreign media reports about TikTok being sold are not true. Recently, US President Joe Biden signed the sell or embargo law.

Category and Tags

Technology Tiktok, Bytedance

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