First, strive for some export rights. ByteDance's product Tik Tok was suppressed by the government in the United States. Trump said that if the merger of American companies is not accepted, Tik Tok will stop its use in the United States. However, China ByteDance's personalized recommendation algorithm is a technology that restricts exports. ByteDance is in a dilemma. On the one hand, it faces the loss of the American market; On the other hand, China restricts exports, but restricts exports rather than prohibits them. Therefore, ByteDance hopes to obtain the possibility of export through application. It's just that the details need to be negotiated by many parties. The final result, I estimate, is the output of some technologies and the retention of core technologies. After all, ByteDance still hopes to expand its development internationally.
Second, in order to implement delaying tactics and gain time. Earlier, Trump claimed that TikTOK's business in the United States would be completely banned if the merger was not completed before September 18. ByteDance, who submitted the permit to the China government, pretended to send a message to the US government: he didn't want to complete the merger, but due to policy reasons, he couldn't finish it in time. This will buy you more time to solve the problem. Facts have proved that delaying tactics are still effective. On September 28th, an American federal judge temporarily suspended Trump's ban on Tik Tok.