How an Obscure Chinese Real Estate Start-Up Paved the Way to TikTok
Source: New York Times
In 2009, long before Jeff Yass became a Republican megadonor, his firm, Susquehanna International Group, invested in a Chinese real estate start-up that boasted a sophisticated search algorithm.The company, 99Fang, promised to help buyers find their perfect homes. Behind the scenes, employees of a Chinese subsidiary of Mr. Yass’s firm were so deeply involved, records show, that they conceived the idea for the…
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