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Sources: ByteDance is expected to receive ~50% of TikTok US' overall profit despite selling majority ownership to US investors, including a 20% licensing fee (Bloomberg)

Mediagazer · last updated

Bloomberg:
Sources: ByteDance is expected to receive ~50% of TikTok US’ overall profit despite selling majority ownership to US investors, including a 20% licensing fee  —  TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership …

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