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0 pointsMerrill6y ago0 comments

According to Pitchbook https://pitchbook.com/profiles/company/149415-13

>Primary Office 16/F, No. 127 Guodao Road, Yangpu District, Shanghai China

musical.ly appears to have always had its head office in Shanghai until the acquisition. The fact that it also had significant operations in California doesn't make it a US company. Only those operations are subject to US law and would have to be divested due to disapproval by CFIUS.

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mgraczyk6y ago

> musical.ly appears to have always had its head office in Shanghai until the acquisition.

That's not true. I have not found a specific date, but the Shanghai office did not exist at the time musical.ly was founded. I have not found any references to the Shanghai office from before late 2015.

oefrha6y ago

I searched for the Chinese name of the company (found on Wikipedia-zh) and immediately found all the information about how the company was founded and funded.[1] It was founded in Shanghai on 2013-08-01.

Not being able to find any reference on the English-speaking part of the web doesn’t mean it couldn’t have existed.

[1] https://www.jfz.com/pe/d-C6e3ie12gj.html

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