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Home ByteDance
TikTok set to IPO globally if Trump approves deal with Oracle, Walmart

TikTok set to IPO globally if Trump approves deal with Oracle, Walmart

Posted By: Editorial Teamon: September 18, 2020In: BUSINESS, NEWSNo Comments

President Donald Trump is expect to decide on TikTok’s fate in the U.S. in the next 24-36 hours, sources told David Faber. To address ownership concerns, ByteDance plans to do an initial public offering of global TikTok on a U.S. stock exchange, according to people familiar with the matter. Oracle will also own a minority […] Read more

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