icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
13 Jul, 2021 06:30

Chinese crackdown on ByteDance IPO dreams amid data security scrutiny

ByteDance, the company behind social media giant TikTok, is shelving its plans for an IPO amid scrutiny in China. The Beijing-based social media giant, last valued at $180 billion in a funding round in December, had been weighing an initial public offering of all or some of its businesses in the US or Hong Kong.

Plus, we speak with Michele Schneider from Marketgage Group, who is following the controversy around the long-awaited IPO plans for Robinhood. We take a look at why Reddit has turned its back on the stock-trading app.

Finally, we breakdown Richard Branson’s successful launch of Virgin Galactic. We show you the amazing video and reveal which space company threw Branson a little shade. We are also joined by Hilary Fordwich of the British American Business Association to discuss the rise in trade between Britain and the EU. She tells us what this could mean in a post-Brexit world.

Check us out on Facebook:

http://www.facebook.com/BoomBustRT

Follow us on Twitter:
https://twitter.com/BoomBustRT

YouTube channel: 
https://www.youtube.com/channel/UC1PfnaeZIewIMs9RhdodytA

Podcast:
https://soundcloud.com/rttv/sets/boom-bust-new

Podcasts
0:00
25:33
0:00
14:54