TikTok Mulls Changes to Business to Distance Itself From China

Options include creating new management board, separate HQ
TikTok recently appointed former Disney executive as CEO

Watch: Bytedance Ltd. said it’s evaluating changes to the corporate structure of its video-sharing app business TikTok as U.S. concerns grow over its Chinese origins.(Source: Bloomberg)

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By Shelly Banjo

July 9, 2020 at 3:24 PM UTC

This article is for subscribers only.

Bytedance Ltd. said it’s evaluating changes to the corporate structure of its TikTok business as U.S. concerns grow over the parent company’s Chinese origins.

Executives are discussing options such as creating a new management board for TikTok and establishing a separate headquarters for the app outside of China to distance its operations from Beijing, according to a person familiar with the discussions.