{"id":36831,"date":"2022-02-22T11:30:19","date_gmt":"2022-02-22T11:30:19","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=36831"},"modified":"2022-02-22T11:30:19","modified_gmt":"2022-02-22T11:30:19","slug":"bytedance-sells-loss-making-securities-unit-to-local-brokerage-as-worlds-most-valuable-unicorn-retreats-from-financial-services","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=36831","title":{"rendered":"ByteDance sells loss-making securities unit to local brokerage as world\u2019s most valuable unicorn retreats from financial services"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTikTok owner ByteDance, which is pulling back from some business sectors under scrutiny from Beijing, has sold an intelligent stock market investment product to local brokerage ChinaLin Securities.The deal priced ByteDance\u2019s wholly-owned subsidiary Beijing Wenxing Online Technology Co Ltd at 20 million yuan (US$3.16 million), ChinaLin said in a statement posted on the Shenzhen Stock Exchange website.The securities business operated the Dolphin Stock app, launched in 2017 as ByteDance\u2019s debut in\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3167963\/bytedance-sells-loss-making-securities-unit-local-brokerage-worlds?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostTikTok owner ByteDance, which is pulling back from some business sectors under scrutiny from Beijing, has sold an intelligent stock market investment product to&hellip; <\/p>\n","protected":false},"author":0,"featured_media":36832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/36831"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36831"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/36831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/36832"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36831"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}