TikTok parent will obey China export curb, despite risk to US sale

Deal faces crucial delay as Beijing aims to protect domestic tech

20200831N TikTok

China's new export curbs cast a shadow on TikTok's future in the U.S. © Reuters

NAOKI MATSUDA, Nikkei staff writer

SHANGHAI -- TikTok operator ByteDance has pledged to abide by new Chinese regulations on technology exports, even as the restrictions threaten to delay the sale of the video-sharing app in the U.S.

ByteDance is negotiating to sell TikTok's operations covering the U.S., Canada, New Zealand and Australia. The suitors include Oracle and a joint effort by Microsoft and Walmart. The Chinese parent faces a deadline from Washington to divest TikTok's American operations.

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