SCMP: ByteDance looks to list Douyin in New York, seizing on new mood in Biden administration and strong demand for China tech stocks
Tue February, 2021, Age: 3 years
ByteDance seeks to list Douyin in the New York Stock Exchange, a sign of increased confidence under the Biden administration. If listed, Douyin would be the first initial public offering by a Chinese social media company in the United States. Douyin, the Chinese relative of TikTok, recorded 600 million users in August 2020.