The company faces a major setback after Tiktok's ban in India. Now Ticketock is trying to get out of China's own identity. Tittock has been in talks with the UK government for the last few months to shift its headoffice to London. Reuters quoted a person associated with the matter as saying that the company's effort was part of distanceing itself from its Chinese ownership.
London is one of the many locations where the company plans to shift its headquarters. But the source said that no decision has been taken in this matter yet.
Reliance Jio offering 56GB data for Rs 249, unlimited call offer
Tiktok is closely monitored in Washington
Let us know that it has not been given information about which other location is being considered. But the company hired Kevin Mayer, a former Walt Disney executive in California, this year to take the position of chief executive of TickTalk. Kevin is a US citizen.
It is worth noting that Ticketcock is facing a stringent investigation in Washington. The company is suspected of sharing user data with China. Tittock is owned by the ByteDance company of China.
Bank's warning to SBI customers, important things told for safe net banking
The source told the news agency that the company's most focused attention has been on the problems in the US during the past few weeks. But the company is yet to finalize London as a possible location for the new headquarters. The source further said that Ticketcock may increase its workforce in the next few years in London and elsewhere outside China.
According to a report by The Sunday Times, Tittock has completed talks with the UK government to open a global headoffice in the UK. A source said that Ticketcock and the UK government are still in talks. Tittock declined to comment on this.