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TIKTOK TO SHIFT POWER OUT OF CHINA

Published On 29 May 2020 08:02 AM


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Highlights:

  • Tiktok has appointed a new CEO, Kevin Mayer, who initially worked in Disney, is a plan to shift its center of power away from China.
  • ByteDance, the parent company of TikTok, has made decisions in the past few months to transfer the global decision making and research capabilities out of China.
  • The strategy is not only based on TikTok but also all the other ByteDance’s n....


    Tags : TikTok, China, US, Trade, ByteDance,
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