TikTok’s parent company ByteDance refuted reports that it is in preliminary talks to list the video app on the New York Stock Exchange (NYSE), China’s highly influential newspaper, Global Times, reported on Wednesday.
The media outlet said: “ByteDance responded Wed that the previous media reports over the company being in preliminary talks to list TikTok in New York was not true.”
Earlier today, Global Times cited sources, saying that ByteDance was in preliminary discussions to list TikTok on the NYSE.
more to come …