Quantcast
Beijing authority gets Bytedance application for tech export licence: ministry – Metro US

Beijing authority gets Bytedance application for tech export licence: ministry

Illustration picture of Bytedance logo with Chinese and U.S. flags
Illustration picture of Bytedance logo with Chinese and U.S. flags

BEIJING (Reuters) – China’s Ministry of Commerce said the Beijing commerce authority has received ByteDance’s application for a technology export license.

Ministry spokesman Gao Feng made the remarks at an online news conference on Thursday.

ByteDance is racing to seal a deal with Oracle Corp and Walmart Inc that it hopes will end U.S. government plans to ban its TikTok video-streaming app on security grounds.

(Reporting by Gabriel Crossley; editing by John Stonestreet)