News Snapshot:
At the end of March 2021 ByteDance, the Chinese owner of the TikTok video application, indefinitely suspended its intentions to list abroad after receiving instructions from representatives of the Chinese Government to strengthen the security of user data, revealed This Monday The Wall Street Journal, citing sources familiar with the matter. According to reports, the Beijing-based company, valued at $ 180 billion in the December 2020 funding round, had considered conducting an initial public offering in the US or Hong Kong for all or part of your business. However, the company’s founder, Zhang Yiming, decided to freeze these plans after...
