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ByteDance weighs listing Chinese unit Douyin

Owner of TikTok involved in talks with investment banks, sources say

Chinese entertainment upstart ByteDance is considering a public listing of Douyin, the domestic version of short video app TikTok.    © Reuters

SHANGHAI -- Chinese entertainment upstart ByteDance is considering a public listing of Douyin, the domestic version of short video app TikTok, Nikkei learned on Monday.

The Chinese company's U.S. operation has been pressured by the administration of President Donald Trump. But the company has continued growing with domestic subscribers of over 600 million and seems to have determined it is a good timing for a listing.

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