Business & Economy

TikTok’s bizarre sale process gets even weirder

ANYONE WANT to purchase a used social community? One cautious Chinese language proprietor, 170m customers in America and income there

By Spluk.phApril 6, 20251 min read

ANYONE WANT to purchase a used social community? One cautious Chinese language proprietor, 170m customers in America and income there of $12bn final 12 months, predicted to rise this 12 months by a fifth. The White Home is working a chaotic public sale for TikTok, a Chinese language-owned app that Congress has ordered to discover a non-Chinese language proprietor or else face a ban. On April 4th, on the eve of the cut-off for the app’s sale, President Donald Trump introduced that he was extending the deadline by one other 75 days.

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