TikTok Owner to Spend Billions in Singapore After U.S. Ban
Published Date: 9/11/2020
Source: Bloomberg Technology
Sep.11 -- ByteDance Ltd., the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as part of its global expansion, according to people familiar with the matter. The investment would come at a crucial time as the technology firm is forced to sell TikTok operations in the U.S. under pressure by the Trump administration. Juliette Saly reports on "Bloomberg Daybreak: Europe."