All About ByteDance, The TikTok Parent Company In US Crosshairs
NDTV
ByteDance has rocketed in recent years to become one of the most valuable companies in the world, worth around $225 billion, according to market intelligence firm CP Insights.
From its birth in a Beijing apartment 12 years ago, ByteDance grew into one of the world's biggest tech firms -- best known in most countries as the creator of TikTok.
But TikTok now faces a furious campaign in Washington: the House of Representatives is set to vote Wednesday on a bill that could see the wildly popular video-sharing app banned in the United States if it does not sever itself from ByteDance.
ByteDance has rocketed in recent years to become one of the most valuable companies in the world, worth around $225 billion, according to market intelligence firm CP Insights.
