A man stands near a sign for ByteDance’s app TikTok, known locally as Douyin, in Beijing, March 31, 2021. Photo: Reuters
A man stands near a sign for ByteDance’s app TikTok, known locally as Douyin, in Beijing, March 31, 2021. Photo: Reuters
TikTok

ByteDance’s Hong Kong entity registers multiple mainland subsidiaries in move seen as prelude to possible listing in the city

  • New subsidiaries in Shenzhen and Shanghai were registered on Monday, according to company registry information platform Qichacha
  • The Hong Kong-registered Douyin Group has set up at least 11 subsidiaries since its renaming in May

A man stands near a sign for ByteDance’s app TikTok, known locally as Douyin, in Beijing, March 31, 2021. Photo: Reuters
A man stands near a sign for ByteDance’s app TikTok, known locally as Douyin, in Beijing, March 31, 2021. Photo: Reuters
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