News India was responsible for nearly 45% of app's first-time downloads last year News Media report of sale untrue, says TikTok boss Alex Zhu News Exec was previously Senior Vice President, Global Business Development and Strategy at Warner Music Group News App has seen 27,000 installs across iOS and Android so far News Exec was previously Chief Digital Officer and Executive Vice President, Strategy & Business Development at WMG News Short-form video firm is reportedly close to completing a $3 billion-pre-IPO funding round News Report follows launch of Committee on Foreign Investment in the United States (CFIUS) inquiry News TikTok is the third most downloaded non-gaming app in 2019