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Mar 20, 2024 · A spokesperson told PolitiFact that 60% of parent company ByteDance Ltd. is owned by global investors, 20% by co-founders and 20% by employees
On November 4, 2021, Zhang stepped down as CEO of ByteDance, completing a leadership handover announced in May 2021. According to Reuters, Zhang maintains over 50 percent of ByteDance's voting rights.
2 days ago · Zhang stepped down as chairman of ByteDance in November 2021 after resigning as CEO in May that year, reportedly under pressure from the Chinese government.
Mar 15, 2024 · A TikTok spokesperson told PolitiFact that 60% of its parent company ByteDance Ltd. is owned by global investors, 20% by its co-founders and 20% by employees, including thousands of Americans....
Mar 23, 2024 · “Fox & Friends” co-host Brian Kilmeade and Sen. Rand Paul, R-Ky., argued on live television about who owns TikTok’s parent company, ByteDance Ltd. Their heated exchange came a day after the ...
Mar 13, 2024 · Who owns ByteDance? TikTok has said around 60 percent of ByteDance is owned by institutional investors including US giant BlackRock.
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Mar 15, 2024 · The U.S. House of Representatives overwhelmingly passed a bill this week that would give TikTok's Chinese owner ByteDance about six months to divest the U.S. assets of the short video app, or...