For a while, London was in the running to get the Tiktok international headquarters, but under the Tiktok-Oracle deal the UK’s capital seems to have lost that opportunity, says China internet watcher Matthew Brennan to CNBC. That seems another setback for the UK now the country is already suffering under the corona crisis and Brexit.
Less than a month ago, there was talk of putting TikTok’s international headquarters in London, but that looks increasingly unlikely.
“Assuming the Oracle/Walmart deal goes through, then the HQ for TikTok Global for sure is in the States,” said Matthew Brennan, a social media analyst based in China.
TikTok has offices in Paris, Berlin, and Dublin, but London is TikTok’s biggest hub in Europe by some margin.
“For London to be the HQ of a company like TikTok would have been a coup for the city, but alas it seems not to be,” Brennan told CNBC, adding that it would have greatly raised the prestige of London in terms of attracting international tech talent.
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