ByteDance could still keep 50% profit after selling majority share in TikTok US deal | 5 points(Soban News)

TikTok’s parent company, ByteDance, is expected to retain about 50 per cent of the US operation’s profits after selling majority ownership. Here’s all you need to know about the licensing fee, revenue and profit sharing, and other key points. 

​TikTok’s parent company, ByteDance, is expected to retain about 50 per cent of the US operation’s profits after selling majority ownership. Here’s all you need to know about the licensing fee, revenue and profit sharing, and other key points.  by Soban News (international And National News)