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Reuters
Reuters
Business

Beijing authority gets Bytedance application for tech export licence: ministry

FILE PHOTO: Flags of China and U.S. are seen near a Bytedance logo in this illustration picture taken September 18, 2020. REUTERS/Florence Lo/Illustration

China's Ministry of Commerce said the Beijing commerce authority has received ByteDance's application for a technology export license.

Ministry spokesman Gao Feng made the remarks at an online news conference on Thursday.

ByteDance is racing to seal a deal with Oracle Corp and Walmart Inc that it hopes will end U.S. government plans to ban its TikTok video-streaming app on security grounds.

(Reporting by Gabriel Crossley; editing by John Stonestreet)

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