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TikTok Star Khaby Lame's Rs 8,980 Crore Deal Faces Market Scrutiny Amid Stock Volatility
Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent then dropped 77 per cent, raising expert concerns about valuation and deal sustainability.
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TikTok Star Khaby Lame Signs Staggering Deal Worth Rs 8,980 Crore To Sell His Company
Khaby Lame sold his company, Step Distinctive Limited to Hong Kong's Rich Sparkle for Rs 8,980 crore ($975 million), aiming to monetise his global brand and fanbase.
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TikTok Strikes US Deal After Years Of Uncertainty. What To Know
TikTok has at last finalized a deal to keep the popular video sharing platform operating in the US after years of uncertainty, but questions remain about whether users' experience will change and whether the changes actually address security concerns
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Trump Claims Credit As TikTok Reaches Deal To Continue Operating In US
TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership.
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TikTok Signs Deal To Sell US Unit To American Investor-Led Venture
ByteDance's TikTok has signed a deal to sell its US entity to a joint venture controlled by American investors, according to a memo from TikTok CEO seen by Reuters.
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Trump Might Sign Final TikTok Deal On Thursday
US President Donald Trump said he might sign a final deal on TikTok on Thursday and has obtained a "provisional approval" from China's President Xi Jinping, whom he is expected to meet later this week in South Korea during his Asia tour.
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ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
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Donald Trump Lifts TikTok Ban: What This Deal Means For US Users
US President Donald Trump signed an executive order on Thursday approving a deal to transfer ownership of TikTok's US operations to American investors.
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What A 'Win-Win' TikTok Deal Means To China
When President Donald Trump first brought up banning TikTok due to perceived national security concerns more than five years ago, the app from Beijing-based ByteDance Ltd. was the envy of the global tech industry.
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Trump Allies To Control TikTok Under New US Deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president's allies.
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TikTok Star Khaby Lame's Rs 8,980 Crore Deal Faces Market Scrutiny Amid Stock Volatility
Khaby Lame sold his company in a $975 million all-stock deal to Rich Sparkle Holdings. The stock surged over 650 per cent then dropped 77 per cent, raising expert concerns about valuation and deal sustainability.
-
TikTok Star Khaby Lame Signs Staggering Deal Worth Rs 8,980 Crore To Sell His Company
Khaby Lame sold his company, Step Distinctive Limited to Hong Kong's Rich Sparkle for Rs 8,980 crore ($975 million), aiming to monetise his global brand and fanbase.
-
TikTok Strikes US Deal After Years Of Uncertainty. What To Know
TikTok has at last finalized a deal to keep the popular video sharing platform operating in the US after years of uncertainty, but questions remain about whether users' experience will change and whether the changes actually address security concerns
-
Trump Claims Credit As TikTok Reaches Deal To Continue Operating In US
TikTok announced Thursday it has established a majority American-owned joint venture to operate its US business, allowing the company to avoid a ban over its Chinese ownership.
-
TikTok Signs Deal To Sell US Unit To American Investor-Led Venture
ByteDance's TikTok has signed a deal to sell its US entity to a joint venture controlled by American investors, according to a memo from TikTok CEO seen by Reuters.
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Trump Might Sign Final TikTok Deal On Thursday
US President Donald Trump said he might sign a final deal on TikTok on Thursday and has obtained a "provisional approval" from China's President Xi Jinping, whom he is expected to meet later this week in South Korea during his Asia tour.
-
ByteDance To Get 50% Profit From US TikTok Under Trump Deal
TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump.
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Donald Trump Lifts TikTok Ban: What This Deal Means For US Users
US President Donald Trump signed an executive order on Thursday approving a deal to transfer ownership of TikTok's US operations to American investors.
-
What A 'Win-Win' TikTok Deal Means To China
When President Donald Trump first brought up banning TikTok due to perceived national security concerns more than five years ago, the app from Beijing-based ByteDance Ltd. was the envy of the global tech industry.
-
Trump Allies To Control TikTok Under New US Deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president's allies.
