TikTok's parent mulls injecting billions into Singapore: report

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No It applied for a banking licence back in June. ByteDance, the parent company of TikTok, is looking into spending billions in Singapore for its global expansion, reports Bloomberg. The company is also looking to inject jobs in the Lion City, where it has applied for a banking licence, sources said. The investment would come at a crucial time as the firm is forced to sell its US TikTok operations due to pressure from the Trump administration. read more