TikTok Global to launch public offering, says ByteDance

Описание к видео TikTok Global to launch public offering, says ByteDance

TikTok Global plans to hold a public listing, its Chinese parent company ByteDance said on Monday, after announcing a deal over the weekend that would avert a shutdown of the popular app in the US. The agreement, which has been approved by Donald Trump, sees Silicon Valley giant Oracle become the data partner for the video-sharing platform while Walmart becomes a commercial partner, creating a new US company called TikTok Global.

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