3 ms·

I mean, the Chinese government was never going to let the US just take their company at bargain basement prices.

• redactd 2y ago
  Do you think that ByteDance is primarily concerned with the economic considerations for TikTok, or do you think that it is something else? Do you think that there is a price at which they would be willing to sell it?
• cg5280 2y ago
  Didn't something similar happen with Grindr? It was Chinese owned and sold without nearly as much excitement. Given the inevitable bidding war from multiple interested parties I would be surprised if they couldn't get a fair price for TikTok
  • kridsdale1 2y ago
    China didn’t need to fight to keep Grindr because all the value from the acquisition was realized as soon as they ran a database query to compile a list of closeted Republican senators. No need to hold on once you got the spy treasure.
    • lupire 2y ago
      What about future senators?
      • patmcc 2y ago
        Senators have to be at minimum 30, more commonly 50+. Anyone that's going to be a senator in the next 12 years (at minimum) is already on Grindr if they were ever going to be.
• moduspol 2y ago
  It wouldn't have been at a bargain basement price if they started trying to sell it when the law passed. It could have been the highest market price they could get from the US's largest buyers. Obviously they don't have the same leverage when they're otherwise going to be shut off in a few days.