TikTok Owner ByteDance Launches Share Buyback After Halting IPO Plans

ByteDance, the Chinese owner of short video platform giant TikTok, has launched a share buyback this week for current and former employees, two people with direct knowledge of the matter told Reuters. The buyback comes after ByteDance announced in April that it did not have imminent plans for a public listing. The company had planned … Continue reading TikTok Owner ByteDance Launches Share Buyback After Halting IPO Plans