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Benzinga
Benzinga
Business
Ananya Gairola

China Secures 'Win-Win' TikTok Deal With US As Trump Extends Deadline, ByteDance Hits $330 Billion Valuation

Stone, - ,Uk,-,October,25,2019:,Tiktok,App,Logo

President Donald Trump granted another extension for TikTok's U.S. divestment deadline as Washington and Beijing reached a framework deal that China called a "win-win," while ByteDance's valuation climbed to $330 billion through a new employee buyback program.

Trump Pushes Deadline To Dec. 16

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