ByteDance ‘calls off IPO’ amid data concerns

2021-07-14T16:32:00

Chinese owner of video app TikTok, ByteDance, is said to have indefinitely put on hold intentions to make an initial public offering (IPO) of shares offshore after government officials told the company to focus on addressing data security risks.

This is premium content

If you are already a registered user or subscriber you can SIGN IN now

Register today for free!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

More free content each month
Full access to our news archive
Daily news alerts and updates
Bookmarks and commenting

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!