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Wireless

ByteDance shelves IPO plans after regulatory pressure - report

Tuesday 13 July 2021 | 09:25 CET | News
ByteDance, the Chinese owner of TikTok, has put on hold indefinitely its plans to list offshore after government officials told the company to focus on addressing data-security risks, people familiar with the matter told the Wall Street Journal. 

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Categories: Internet / Mobile & Wireless
Companies: Bytedance / TikTok
Countries: China / World
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