What US Really Wanted Was a Ban, Not a Sale: ByteDance's Zhang Yiming
Kuaishou Capitalize on Jay Chou's Livestream to Tap Into Premium Market
The exclusive deal with Chou is a big part of Kuaishou's ongoing effort to extend its massive popularity in China's lower tier cities and rural areas into more affluent user categories in metropolitan markets, removing some of the stereotype that it's entertainment only for less financially capable users in China.
ByteDance Founder Zhang Yiming's Letter to Employees On TikTok US Sale
It would appear, according to Zhang, that CFIUS investigation had concluded that ByteDance must sell TikTok's US operations.
