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Newfoundland & Labrador > Business > Reuters

Beijing authority gets Bytedance application for tech export licence: ministry

Reuters | Posted: Sept. 24, 2020, 7:25 a.m. | Updated: Sept. 24, 2020, 6:22 a.m. | 1 Min Read

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BEIJING (Reuters) - 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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