TikTok owner ByteDance may reportedly scrap plans for a blockbuster global IPO and just list its Chinese business at home instead

TikTok owner ByteDance may reportedly scrap plans for a blockbuster global IPO and just list its Chinese business at home instead

Business Insider

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· TikTok owner ByteDance is considering scrapping a global IPO in favor of a listing of just its Chinese business, Reuters reported Friday.
· The tech giant was initially planning a blockbuster IPO in New York or Hong Kong.
· Tensions between US and China are growing, and the US is exploring ending a 2013 auditing agreement...

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