Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.
TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.
Posted inBeijing Bytedance Technology Co Ltd Blumenthal, Richard Computers and the Internet House of Representatives Law and Legislation Mergers, Acquisitions and Divestitures Mobile Applications Politics and Government Senate Social Media TikTok (ByteDance) United States International Relations United States Politics and Government
TikTok Bill’s Progress Slows in the Senate
Legislation to force TikTok’s Chinese owner to sell the app or have it banned in the United States sailed through the House, but the Senate has no plans to move hastily.
Posted inBeijing Bytedance Technology Co Ltd China Computers and the Internet Executive Orders and Memorandums International Trade and World Market Law and Legislation Mergers, Acquisitions and Divestitures Politics and Government Social Media TikTok (ByteDance) Washington (State)
What China Is Saying About the TikTok Furor in Washington
A bill to force TikTok’s sale in the United States has been criticized by Beijing but has not triggered a high-alert public response or retaliation.
Posted inBeijing Bytedance Technology Co Ltd General Atlantic LLC internal-storyline-no International Relations Kotick, Bobby Mnuchin, Steven T Susquehanna International Group LLP TikTok (ByteDance)
The Big Dilemma Facing ByteDance’s US Investors
Potential bidders are circling TikTok as many in Congress demand its split from its Chinese parent. But obstacles remain, starting with Beijing.