What's the Best Outcome for Investors of TikTok Parent Bytedance? - THEMARKETTRENDZ

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Wednesday, 2 September 2020

What's the Best Outcome for Investors of TikTok Parent Bytedance?



Sep.02 -- Fred Hu, founder of private-equity firm Primavera Capital Ltd. and a former Goldman Sachs Group Inc. executive, discusses the prospects for TikTok. President Donald Trump said he’s told people involved in the sale of the U.S. assets of TikTok that the deal must be struck by Sept. 15 and the federal government must be "well compensated," or the service will be shut down. Hu is an investor in TikTok's parent Bytedance Ltd. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."
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