TikTok owner ByteDance says it faces 'complex and unimaginable difficulties' in globalisation process

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SHANGHAI (REUTERS) - TikTok owner ByteDance said it has faced 'complex and unimaginable difficulties' in the process of working to become a global company, in a statement that also accused Facebook of committing 'plagiarism and smears' against the Chinese firm.. Read more at straitstimes.com.

SHANGHAI - TikTok owner ByteDance said it has faced"complex and unimaginable difficulties" in the process of working to become a global company, in a statement that also accused Facebook of committing"plagiarism and smears" against the Chinese firm.

The Beijing-based company made the comments in a statement posted on its official account on Jinri Toutiao, a news aggregator app it owns, late on Sunday .Facebook did not immediately respond to a request for comment. The statement did not mention pressures in the United States that ByteDance currently faces to sell off its popular short-video app TikTok.

Reuters reported US President Donald Trump has agreed to give China's ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp.

 

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