Existing ByteDance investors emerge as front-runners in TikTok deal talks, sources say

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Open this photo in gallery: According to legal filings from TikTok last year, global investors own about 58 per cent of the app’s parent company ByteDance.ALY SONG/Reuters

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app’s U.S.

Existing ByteDance investors emerge as front-runners in TikTok deal talks, sources say comes via ChinaTechNews.com.

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