Saturday Nov 16, 2024

ByteDance News: ByteDance Self-Valuation Hits $300 Billion Amid Legal Battle

ByteDance Unicorn News - November 16, 2024

ByteDance, the parent company of TikTok, has valued itself at approximately $300 billion following a recent share buyback offer. This comes as the company faces potential regulatory challenges in the U.S., including a law requiring the sale of TikTok by January 19. ByteDance is actively contesting this law in federal court.

Sources
https://biztoc.com/x/56d2d67b9fb522bc
https://biztoc.com/x/1e716eafaabde6fc
https://www.channelnewsasia.com/business/tiktok-parent-bytedances-valuation-hits-300-billion-amid-us-ban-uncertainty-wsj-reports-4752101

Outline
(00:00:00) Introduction
(00:00:28) ByteDance Valuation Reaches $300 Billion Amid US Ban Concerns

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