Memo: TikTok CEO Shou Zi Chew says ByteDance's US entities will retain direct control over core US revenue drivers, including ecommerce, ads, and marketing
www.ft.com/content/7a77... Justin Hendrix / @justinhendrix : “TikTok has signed an agreement to create a US joint venture under a deal brokered by President Donald Trump that leaves the app's Chinese owner ByteDance with direct control of its core business operations in America.”