TikTok establishes joint venture to avoid US ban
Chinese-owned video platform TikTok has sealed a deal to create a joint venture with American investors. The move allows the popular social app to dodge the threat of being banned in the US....
Chinese-owned video platform TikTok has sealed a deal to create a joint venture with American investors. The move allows the popular social app to dodge the threat of being banned in the US....
TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership....
TikTok has officially launched a US joint venture tasked with “safeguarding the American content ecosystem”, with commercial activities such as e-commerce, advertising and marketing remaining under th...
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Oracle's CTO Larry Ellison, TikTok's CEO Shou Chew, and Michael Dell. Andrew Harnik/Getty Images; Anna Moneymaker/Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images TikTok's owner has closed...
Just over a year after it briefly disappeared from app stores, TikTok in the US is now part of a new entity, TikTok USDS Joint Venture LLC . With approval from both the US and China closing on the sch...
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TikTok's CEO Shou Chew Tom Williams/CQ-Roll Call, Inc via Getty Images TikTok has finalized a deal to keep its business operating in the US. The deal, a US joint venture, involves a new set of investo...
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