A TOP INVESTOR IN TIKTOK COMES FROM IS A CHINA-BASED PRIVATE EQUITY FIRM WITH DEEP CHINESE COMMUNIST PARTY TIES, COUNTING INVESTMENTS WORTH BILLIONS INTO ENTITIES INCLUDING CHINESE GOVERNMENT-RUN ARTIFICIAL INTELLIGENCE PROJECTS AND COMPANIES DESIGNATED “TOOLS OF THE CHINESE GOVERNMENT” BY THE U.S. STATE DEPARTMENT.
TikTok is set to be banned by the Trump administration for hemorrhaging data to the Chinese Communist Party (CCP) and censoring content contra CCP narratives.
And TikTok parent company ByteDance’s financial backing from Hillhouse Capital Group, which the National Pulse can reveal, only serves to vindicate those who view the app as a CCP proxy.
Headquartered in Beijing and founded by Chinese national and Hong Kong government advisory board member Zhang Lei, Hillhouse manages a $50 billion dollar portfolio including American companies Zoom, Facebook, and Amazon. Also tucked in their portfolio are CCP-linked companies Tencent and Alibaba.
Full story: https://thenationalpulse.com/news/tiktok-ccp-investor/