ByteDance looks to list Douyin in New York, seizing on new mood in Biden administration and strong demand for China tech stocks

//ByteDance looks to list Douyin in New York, seizing on new mood in Biden administration and strong demand for China tech stocks

ByteDance looks to list Douyin in New York, seizing on new mood in Biden administration and strong demand for China tech stocks

ByteDance, one of China’s most valuable technology unicorns, is looking to raise capital in the United States by listing the shares of its China-only short video sharing application Douyin in New York, according to a source familiar with the plan.The New York listing is still under preliminary discussion, but it has gained traction with ByteDance’s investors after Joe Biden’s inauguration as the 46th US president, according to the source, who declined to be identified as speaking on a…

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By | 2021-02-16T15:00:04+00:00 February 16th, 2021|Technology|Comments Off on ByteDance looks to list Douyin in New York, seizing on new mood in Biden administration and strong demand for China tech stocks