TikTok’s headquarters could move outside China

Discussion in 'Industry News' started by Calliers, Dec 24, 2019.

  1. Calliers

    Calliers Administrator/Editor Staff Member

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    TikTok’s parent company is looking to move its headquarters outside of China amid rising global security concerns about the popular video-sharing app.

    Senior executives at Beijing-based ByteDance are considering Singapore as a potential landing spot, as well as London and Dublin. There are no American cities in the running, according to the report.

    TikTok, which has a Los Angeles office for its US operations, has been under intense scrutiny by the US government in recent months, with a national security review opened into the app in November.
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    Source: nypost
     
  2. CDsDontBurn

    CDsDontBurn AMD & Petrol Heads Mod

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    If this happens then they're one step closer to a US IPO. If that's the case, I'll likely be buying stock in this company. I see them being the next Facebook or Twitter.

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