TikTok parent ByteDance’s valuation hits $300 billion, sources say By Reuters

From Investing.com: 2024-11-16 20:20:33

TikTok’s parent company ByteDance values itself at $300 billion, offering investors $180.70 per share in a recent buyback program, up 12.9% from the last. The company’s revenue grew 30% to $110 billion in 2022. ByteDance faces legal battles over its U.S. assets, with a law giving until Jan. 19 to sell TikTok.



Read more at Investing.com: TikTok parent ByteDance’s valuation hits $300 billion, sources say By Reuters