> Beijing-owned social media app could serve as an “entry-point” for Chinese hackers Is ByteDance a public company? Why would it be written like this? No one

> Beijing-owned social media app could serve as an “entry-point” for Chinese hackers Is ByteDance a public company? Why would it be written like this? No one says that Amazon is a "Seattle-owned" company. edit: Maybe the downvoters can clarify? As a non-native English speaker I may have misunderstood the meaning of the mentioned term. Is it common to refer to companies in that way?