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ByteDance has no sale plans for TikTok, media report untrue, says head

Chinese language social media agency ByteDance has no plans to promote half or all of its TikTok app, the quick video platform’s head stated on Tuesday, denying a media report which stated the corporate was at present weighing choices to take action because of US considerations.

Bloomberg reported that the corporate was contemplating a TikTok stake sale.

“Sometimes chances are you’ll learn tales within the media that aren’t true. At present there may be an inaccurate report claiming that ByteDance has thought of promoting half or all of TikTok,” Alex Zhu stated in an inner firm be aware seen by Reuters.

“We went on the report saying it was not true, however they determined to publish it anyway. I wish to guarantee you that we’ve got had no discussions with potential patrons of TikTok, nor do we’ve got any intention to.”

A ByteDance spokesman didn’t instantly reply to a request for remark. – Reuters

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