TikTok has officially launched a US joint venture tasked with “safeguarding the American content ecosystem”, with commercial activities such as e-commerce, advertising and marketing remaining under the company’s existing US entities.
The arrangement has been widely compared with Apple’s 2018 move to transfer mainland Chinese iCloud user data to Guizhou-Cloud Big Data (GCBD), according to Chinese media. GCBD is a project owned by the Guizhou provincial government-backed company AIPO Cloud...
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