ByteDance-owned TikTok is one of China’s rare global hits.
After India’s ban, now the U.S. government is threatening the video app’s success as officials warn the app presents a threat to national security.
What’s next for TikTok?
1. Aggressive legal defense
2. Operational separation of TikTok for international markets
3. and, Sale of a majority stake to financial investors
“The advantage to selling a stake quickly would be to reap profits from TikTok’s success now, rather than risk a deterioration in value if the U.S. takes punitive measures.” – Bloomberg
Reference: Bloomberg
Photo Credits: visuals/Unsplash
Prashant Bagga 