[seewhydee]

Beijing has a veto on the sale, and are likely to exercise it. From their point of view, allowing the US to force a Chinese company to sell itself off as soon as it achieves success would set a very bad precedent, and encourage a torrent of other blackmail efforts.

They'll be willing to let Bytedance take the L on this. Bytedance can console themselves that TikTok can still operate elsewhere on the world, just making less money.

[criddell]

I don’t think profitability really matters for TikTok. They will continue to operate as long as they are useful.

[lp0_on_fire]

So the CCP can dish it out but can’t take it.

Until the CCP decides to allow a level playing field for US companies operating in China they can go pound sand as far as I’m concerned.

[seewhydee]

Not sure how this is "dishing it out and not taking it". They intend to "take it"; they will force Bytedance not to sell, and thereby lose its US business with no compensation.