I mean this is exactly what you'd expect a capitalist company like TikTok (Bytedance) to do: cave to any local regulations in order to make more money, even if that means bowing to pressure of a dictatorship.
What's truly unsettling is that in the world today we must contend with the conflict between achieving capitalist goals (more money) and ideological ones (democracy).
Every company has to comply with local regulations or not operate in a country. The same applies to a nonprofit, non-capitalist collective. The alternative to that is fines, or in the case of more authoritarian governments, arrests and jailing of local employees. The choice is to either comply or leave the country, though in some countries it's possible to appeal to the courts.
Though it's so bad in Russia now that it seems the only moral choice is to shut down services.
What's truly unsettling is that in the world today we must contend with the conflict between achieving capitalist goals (more money) and ideological ones (democracy).