After obtaining a temporary reprieve from President Donald Trump, it's time to ask who among American investors will get their hands on 50% of TikTok US?
On January 20, newly-inaugurated US President Donald Trump signed a decree ordering the Department of Justice not to apply a law banning TikTok. He gave parent company ByteDance 75 days, i.e. until the beginning of April, to sell 50% of the U.S. business, valued at between US$40 and US$50 billion, to a national investor. It should be noted that the President suggested that the American entity that bought TikTok should “give half of it to the United States“ in exchange for a ”licence”. For...
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Article authors
Morgane Monteiro
Journalist
Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.