Friday, 24 March, 2023

ByteDance applies for tech export licence in China

<p>ByteDance has applied for a tech export licence in China as it races finalise a deal with Oracle Corp and Walmart Inc for its short video app. The firm submitted the application to Beijing&rsquo;s municipal commerce bureau and is waiting for a decision. The application comes about a month after China revised its export control policies for the first time in 12 years, in a manner which would hinder TikTok&rsquo;s deal with Oracle and Walmart.</p>