What does Microsoft's acquisition of Tiktok mean for ByteDance? What are the impacts?

What does Microsoft's acquisition of Tiktok mean for ByteDance? What is the impact? Revenue and valuation impact

TikTok, the overseas empire built by ByteDance, is facing the situation of being forced to change ownership.

Just after ByteDance agreed to divest its US business, there was news that Microsoft had suspended negotiations on acquiring TikTok's US business due to US President Trump's clear suppression attitude. Earlier, Trump media said: "As far as TikTok is concerned, we are going to ban it from entering the United States."

TikTok is innocent, but it is guilty of possessing a treasure. This is a sign of the deterioration of the international business environment. Veteran Internet observer Ding Dao Shi lamented that a major Internet power is turning the global Internet, which represents openness, inclusiveness and sharing, into a local area network. "This is a very negative demonstration effect. Once innovators in the field of science and technology alienate themselves from the United States, the source of American innovation will gradually dry up, and the country will eventually shoot itself in the foot."

TikTok

TikTok is one of the most popular apps in the United States. In the download rankings of the US Appstore, TikTok is still ranked second in downloads today. Sensor Tower historical data shows that in the past year, Tiktok's download volume has never been outside the top 10. In the 2019 US download list, TIKTOK has surpassed well-known apps such as Facebook, Instagram, and YouTube, and ranked second only to WhatsApp.

TikTok is a phenomenal and super popular APP in the short video field in the United States. U.S. survey data shows that the cumulative browsing time of TikTok users over the age of 18 is as high as 858 minutes per month, and a single user watches for more than 13 hours per month. TikTok-related personnel have also revealed that 100 million American users use the TikTok platform for entertainment and communication.