3 ms·
> Chew added that 60% of ByteDance is owned by global institutional investors such as the Carlyle Group, General Atlantic and Susquehanna International Group, w
by wnevets 3y ago
> Chew added that 60% of ByteDance is owned by global institutional investors such as the Carlyle Group, General Atlantic and Susquehanna International Group, while 20% of the firm is owned by Zhang and 20% owned by employees around the world.
[1] https://www.cnn.com/2024/03/18/tech/tiktok-bytedance-china-ownership-intl-hnk/index.html https://www.cnn.com/2024/03/18/tech/tiktok-bytedance-china-o...
- dragonelite 3y agoI hope so much the US bans it and those big capital houses are forced to sell their stock for pennies on the dollar to Chinese shareholders. It will be epic.