ByteDance will bust a softer groove without TikTok, writes AlecMac11:
ByteDance, the Chinese owner of short-video app TikTok, plans to focus more on growth in China by expanding into new sectors and attempting to develop another hit app, The Information reported on July 15, citing an unnamed ByteDance investor.
A sale of TikTok could also be in the cards, the report said, adding that ByteDance founder Zhang Yiming is open to whatever is best for the product and team.
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