19 Jan TikTok owner ByteDance allows employees to cash in stock options earlier under new payroll policy
Posted at 10:00h
in Asia
ByteDance, owner of global short video hit TikTok and its Chinese sibling Douyin, has adjusted its payroll policy to allow employees to sell their stock options faster, as plans for an initial public offering (IPO) remain in limbo.Under the new rule, applicable to ByteDance’s 110,000...