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TikTok considering London for headquarters to distance Chinese ownership

London is among one of several locations the company is considering, but no decisions have been made

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It was not immediately clear what other locations are under consideration

Bloomberg
TikTok has been in discussions with the UK government over the past few months to locate its headquarters in London, a source familiar with the matter said, as part of a strategy to distance itself from its Chinese ownership.

London is among one of several locations the company is considering, but no decisions have been made, the source said.

It was not immediately clear what other locations are under consideration. But it has hired aggressively in California this year, including poaching Kevin Mayer, a former Walt Disney executive, to be TikTok’s chief executive. He is based in the United States.

TikTok is facing
Topics : TikTok

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First Published: Jul 20 2020 | 12:01 AM IST

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