TikTok looks at London head office to escape Chinese link
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.
By : migrator
Update: 2020-07-19 22:57 GMT
London
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 Co executive, to be TikTok’s chief executive. He is based in the US.
TikTok is facing heavy scrutiny in Washington over suspicions China could force the company to turn over user data. TikTok is owned by China-based ByteDance. The source said the company is largely focused on its issues in the US over the last few weeks, but has not ruled out London as a potential location for its new headquarters. TikTok is expected to “significantly” increase the size of its workforce in London and other key locations.
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