UK says TikTok locating HQ in London would be a commercial decision
- Date: 04-Aug-2020
- Source: Arab News
- Sector:Financial Markets
- Country:Egypt
UK says TikTok locating HQ in London would be a commercial decision
UK says TikTok locating HQ in London would be a commercial decision
UK says TikTok locating HQ in London would be a commercial decision
The logo of Bytedance, the China-based company which owns the short video app TikTok, or Douyin, is seen at its office in Beijing, China, July 7, 2020. (Reuters)
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UK says TikTok locating HQ in London would be a commercial decision
China's ByteDance to set up TikTok headquarters in British capital, where it would join other tech majors such as Google and Facebook who have a strong presence there
Britain had been trying to walk a tightrope over Huawei until it sided with Washington last month by banning the company from its 5G networks from 2027
Updated 03 August 2020
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LONDON: Britain said the location of TikTok's headquarters was a commercial decision after a newspaper report said the government had given the green light for its Chinese parent company to set up a head office in London for the popular short-video app.
The report in the Sun said the founders of China's ByteDance would soon announce their intention to set up shop for TikTok in the British capital, where it would join other tech majors such as Google and Facebook who have