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TikTok in discussions to move headquarters to London
- Sunday | 19th July, 2020
(Reuters) – TikTok has been in discussions with the UK government over the past few months to locate its headquarters in London, a source familiar with the matter said, as part of a strategy to distance itself from its Chinese ownership. London is among one of several locations the company is considering, but no decisions have been made, the source said. TikTok is expected to “significantly” increase the size of its workforce in London and other key locations outside of China over the next several years, the source said. The Sunday Times reported Tiktok has broken off talks with the UK government to open a global headquarters in Britain. A source said Tiktok was still in discussions with Britain’s government.
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