Friday, 24 March, 2023

ByteDance to spend billions and recruit hundreds of people in Singapore

<p>ByteDance, as per the sources, will invest billions of dollars and recruit hundreds of people in Singapore over the next 3 years. Also, the firm will move some of the TikTok&rsquo;s staff from China to Singapore. Earlier there were reports that ByteDance was planning to make Singapore its beachhead for the rest of Asia&rsquo;s business. And Singapore has also been looking to attract tech firms and investors. Now, US&rsquo; restrictions on TikTok can possibly facilitate this.</p>