It’s not about jurisdiction though, it’s about the Chinese government’s rules controlling businesses that operate from within their country. You can’t really headquarter there and then tell them you don’t want to play ball.
Agreed that it’s the same app, that’s kind of my point regarding the Beijing-based company that owns Douyin.
ByteDance is corporated in the Cayman Islands
Bytedance is headquartered in Beijing, and the chinese version of the app, Douyin, is owned by Beijing Microlive Vision Technology Co., Ltd.
The place of the headquarter doesn’t necessarily reflecht the juristiction. And they developed both Douyin and Tiktok (it is the same app).
It’s not about jurisdiction though, it’s about the Chinese government’s rules controlling businesses that operate from within their country. You can’t really headquarter there and then tell them you don’t want to play ball.
Agreed that it’s the same app, that’s kind of my point regarding the Beijing-based company that owns Douyin.