ByteDance: The news that 'the company is exploring the sale of TikTok' is untrue and there is no relevant plan

News from this site on April 25, ByteDance issued a statement tonight through its official headline account: The news from foreign media that ByteDance is exploring the sale of TikTok is untrue. ByteDance has no plans to sell TikTok.

# "ByteDance's information refuting the rumor shows that "foreign media" reported that ByteDance is discussing the sale of a majority stake in TikTok's U.S. business. And claimed that "Walmart may be the most ideal buyer"

According to reports from this site earlier today, TikTok responded to US President Biden's signing of the TikTok-related bill:

Our Statement on the TikTok Ban:

This TikTok ban is unconstitutional, and we will challenge this ban in court. We firmly believe that the facts and the law will be on our side, and we will win. Final victory.

We have invested billions of dollars to secure U.S. operational data and make our platform as safe as possible from outside influence and manipulation.

We will refuse to contribute 700. $10,000 enterprise delivers devastating ban while silencing 170 million Americans. As we continue to challenge this unconstitutional ban, we will continue to invest and innovate to ensure TikTok remains a safe place to share experiences, find joy, and be inspired. Space for inspiration.

The bill signed by Biden makes it clear that if TikTok wants to continue operating in the United States, ByteDance needs to sell TikTok within the next nine months

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