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brfox | 1 year ago

I've seen articles saying that it would be hard to find any large enough investors to buy it who also don't cause a monopoly. Can ByteDance spin off TikTok to a separate company which would have an IPO and go public and in the process no longer have Chinese owners?

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intrasight|1 year ago

IPOs usually involve selling only a small fraction of outstanding shares. Aramco sold less that 2% of it's shares.