China Legal Blog
Aggregated China Law Information
Beijing Owns Stakes in ByteDance, Weibo Domestic Entities Amid Regulatory Crackdown, Records Show
Aggregated Source: ChinaLegalBlog.com

The Chinese government has taken stakes in Chinese entities owned by tech companies ByteDance and Sina Weibo, corporate records showed, amid a widening regulatory crackdown on the industry. News of the stakes and the board seat was first reported by The Information on Monday.…

Original URL: Click here to visit original article