The Business Times
business-time-50

TikTok owner, Ant Financial said to have put in bids

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jan 2, 2020 · 09:50 PM

    Singapore

    CHINA'S ByteDance Technology, which owns the popular video-sharing app TikTok, is said to have applied for a wholesale digital banking licence in Singapore, The Business Times understands.

    This comes as the firm - said to be the world's largest tech startup with a reported valuation of more than US$75 billion as at 2018 - had earlier signalled intentions to edge into financial services.

    Singapore digital banksByteDance

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More