Brian Fung | @[email protected]

@b_fung ↗

Deleted No

Hibernated Yes

Last Checked Nov. 10, 2022

Created

Mon Sep 21 17:47:16 +0000 2020

Likes

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

Brian Fung | @[email protected] @b_fung

So just as ByteDance is currently broken down by 41% US investors, 14% international investors and 45% Chinese investors, TikTok Global will also have this same breakdown in investor stakes. But ByteDance, the actual corporate entity, will not be an investor, the person said. — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated

Preceded By

Brian Fung | @[email protected] @b_fung

Here’s what I’ve been able to gather so far, from a person familiar with the deal. TikTok Global has to be created. Once it’s established, its ownership structure will simply reflect ByteDance’s ownership structure, but this is not the same as saying ByteDance is the owner. — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated

Followed By

Brian Fung | @[email protected] @b_fung

Then, once TikTok Global is set up, Walmart and Oracle come in with their investments, diluting the shares and ending up at a cumulative 20% stake in TikTok. That’s how you get this number where 53% of TikTok ends up being held by US shareholders, according to the person. — PolitiTweet.org

Posted Sept. 21, 2020 Hibernated