ByteDance assesses changes to TikTok’s corporate structure

FILE PHOTO: Tik Tok logos are seen on smartphones in front of a ByteDance logo displayed in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration

(Reuters) – ByteDance is seeking to make changes to the corporate structure of its short video app TikTok, a company spokesman said on Thursday.

TikTok is also in its early stages of establishing its headquarters, according to a source familiar with management thinking. The company’s five largest offices are in Los Angeles, New York, London, Dublin and Mumbai, he previously said.

TikTok has been seen distancing itself from Beijing after a US national security committee investigated the security of personal data it handles, Reuters first reported last year.

The company recently lost business in key regions, including India, following a border clash with China, and Hong Kong. Even the Trump administration threatened to ban the video app earlier this week.

Separately, TikTok released its transparency report on Thursday and said it removed more than 49 million videos from its platform in the second half of last year for violating its guidelines.

Reporting by Akanksha Rana in Bengaluru and Echo Wang in New York; Editing by Krishna Chandra Eluri