Comment on ByteDance won't sell TikTok, would rather pull it from the US

<- View Parent
NucleusAdumbens@lemmy.world ⁨6⁩ ⁨months⁩ ago

I’d think the fact they’ve saturated the US market is exactly why it’d be too valuable to give up. They’d lose a ton of revenue, tanking their valuation. They may be better off selling. From there they could prob just clone it and promote a competing service in those unclaimed markets using a portion of the extra sale price they get for maintaining (and selling a product with) US market dominance

source
Sort:hotnewtop