TikTok employees and investors are seemingly very worried about the company's China ties

TikTok.
(Image credit: JOEL SAGET/Getty Images)

Social media company TikTok has made waves in the United States, but some employees and investors are worried that its ties to China will hinder its growth stateside going forward, The Wall Street Journal reports.

Investors in TikTok's parent company, ByteDance, which was founded and is based in China, believe that success in the U.S. is crucial if the company wants to achieve their goal of an initial public offering next year (a spokesman for ByteDance said an IPO isn't the company's focus), people familiar with the matter told the Journal.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up

Some employees and advisers reportedly brought some ideas before senior executives that would serve to create some distance from China for TikTok. These included suggesting expanding operations to Singapore or rebranding in the U.S. But, per the Journal, it all looks like a long shot right now. And the company has reportedly already reduced the amount of content from China on the app. "We're a Chinese company," said a former employee in TikTok's Los Angeles office. "We answer to China." Read more at The Wall Street Journal.

Explore More
Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.