• 11/25/2024

TikTok owner ByteDance’s valuation down 26 per cent to US$223.5 billion in stock buy-back from US employees, report says

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

ByteDance is looking to buy at least US$300 million worth of stock from current and former US employees at US$160 per share, according to The Information.

https://www.scmp.com/tech/big-tech/article/3236596/tiktok-owner-bytedances-valuation-down-26-cent-us2235-billion-stock-buy-back-us-employees-report?utm_source=rss_feed