FOX BIZ NEWS: ByteDance shelved IPO intentions after Chinese regulators warned about data security

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ByteDance shelved IPO intentions after Chinese regulators warned about data security



ByteDance Ltd., the Chinese owner of popular short-video app TikTok, put on hold indefinitely its intentions to list offshore earlier this year after government officials told the company to focus on addressing data-security risks, people familiar with the matter said.

via FOX BUSINESS NEWS https://ift.tt/2U37B74
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