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ByteDance, owner of TikTok, is aiming for an IPO in Hong Kong by early 2022 – FT

August 9, 2021
Source: texasnewstoday.com texasnewstoday.com
News Snapshot:
August 8, 2021 (Reuters) – ByteDance, owner of China’s short video platform TikTok, has reinstated its plans to list in Hong Kong by early 2022 after addressing concerns from Chinese regulators, the Financial Times reported on Sunday. ByteDance is scheduled to go public in the fourth quarter of this year or early 2022, the FT reports https://on.ft.com/3lHv2hv, citing more sources on the issue. “We look forward to final guidance from ByteDance in September. They are currently submitting all filings to the Chinese authorities and are undergoing a review process,” he said. However, a ByteDance spokesman told Reuters that the FT...
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Tags: Bangalore | Beijing | ByteDance | Chinese | data | finance | financial | Hong Kong | initial public offering | ipo | IT | KONG | online video | platform | report | Reuters | RSS | Security | short video | social media | technology | TikTok | video

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