TIKTOK Statement: Service is being restored

2025-01-20 07:55:24

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ChainCatcher news, according to Xinhua News Agency, at around 9:30 AM on the 19th (1:30 AM on the 20th Beijing time), TikTok issued a statement on social media saying that the company has reached an agreement with internet service providers and is restoring related services. The reporter immediately checked, and the TikTok application has returned to normal use, and the TikTok website has also resumed normal operations.

In addition, according to Yicai Global, on January 19th Beijing time, U.S. President-elect Trump announced that he would issue an executive order on Monday to extend the time before the "sell or be banned" law for TikTok takes effect, in order to reach an agreement to protect national security. Before the order is issued, any company that helps TikTok continue operations will not bear any responsibility. Trump plans to establish a joint venture, with the U.S. holding a 50% stake, which would ensure control over TikTok while allowing it to continue operating. It should be noted that ByteDance has previously stated multiple times that it will not sell TikTok's U.S. assets.

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