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ByteDance won't sell TikTok, would rather pull it from the US (www.androidauthority.com)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] [email protected] 27 points 7 months ago

I'd think the fact they've saturated the US market is exactly why it'd be too valuable to give up. They'd lose a ton of revenue, tanking their valuation. They may be better off selling. From there they could prob just clone it and promote a competing service in those unclaimed markets using a portion of the extra sale price they get for maintaining (and selling a product with) US market dominance