International online budget-shopping platform Temu, owned by Chinese e-commerce giant PDD Holdings, saw its gross merchandise value (GMV) surge to about US$20 billion in the first...
A US appeal court on Monday said it will hold oral arguments on September 16 on legal challenges to a new law requiring China-based ByteDance to...
Billionaire businessman and real estate mogul Frank McCourt said he is putting together a consortium to purchase TikTok’s US business, adding to the number of investors...
Luo said she was not quite sure how to answer. “If there hadn’t been this [bill], I would definitely recommend them to do so in the...
Beijing-based ByteDance late on Thursday rejected a report by US digital publication The Information, which said that it was “exploring scenarios” to sell a majority stake...
UPDATE (4/24 @ 2:28 p.m. ET): President Biden signed the legislation into law, effectively forcing TikTok‘s China-based parent company ByteDance to either sell the platform or...
WASHINGTON — The U.S. House of Representatives approved legislation Wednesday that would force the popular TikTok video app to either separate from its Chinese-owned parent company...