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TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations | Technology News

TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations ByteDance, the owner of TikTok, said that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology sector.

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