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Briefing

ByteDance Says Has No Plans ‘Yet’ for Listing

By
Shai Oster
· · Source: Reuters

ByteDance, the Chinese company behind blockbuster app TikTok, said it doesn’t have current plans for an initial public offering. “There has been recent media speculation about our IPO plans. We would like to clarify that we’re not ready at this stage and do not have IPO plans yet,” the company told Reuters. The denial comes amid growing expectations that the online video juggernaut would...

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