It never was about ByteDance. It's the Chinese government who will decide.
From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak.
If they sell, they lose their influence. If they shut down, same thing.
From their point of view, the right strategic move is to shut it down. Even if every other country bans the app it doesn't impact them much. Also they hate doing things that make then look weak.
If they sell, they lose their influence. If they shut down, same thing.