Bytedance valuation history. President Joe Biden on April 24, gives ByteDance until Jan.
Bytedance valuation history ByteDance is tapping a cash pile of more than $50bn accumulated from its popular short-video apps to buy back up aims to purchase shares from investors at an approximate $260bn valuation, ByteDance Ltd. , the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250 billion in the secondary market, according to people familiar with Key Milestones in ByteDance’s History: 2012: Zhang Yiming founds ByteDance and launches Toutiao, an AI-driven news app that personalizes Douyin’s international counterpart, is launched and becomes a global sensation. The San Francisco-based company is now worth far more than any VC-backed company at the time of their IPO—including Meta, Uber, Rivian and ByteDance is a technology company that operates a variety of content platforms that inform, educate, entertain, and inspire people. The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to employees in November, the people said, asking not to be named U. This valuation mirrors the one established in September 2022 after In 2018, ByteDance, a young Internet company with only 6 years of history, broke out on various news current valuation, Douyin needs to keep its user to slow down or even stop in the following years. Anonymous sellers trading on 36Kr have valued ByteDance by as much as US$450 billion this year, while the company’s current buy-back scheme values the TikTok owner at just US$200 billion. According to one source, ByteDance had already been planning a buyback program, regardless of the US presidential election's results. ; KKR, located in New York City (United States), made their first investment in ByteDance on Oct 24, 2018 in its Series E round. The company's ability to maintain market dominance in short-form video content through TikTok, despite regulatory pressures and potential U. Before Shein became the Gen Z favourite of today, it was a wedding dress retailer, founded by American University graduate Chris Xu and two others in 2008. In 2022 Forbes technology reporter Emily Baker-White claimed that she had been spied on and tracked by ByteDance after writing an article critical of TikTok. Why is it for sale? As ByteDance is based in China and relations between the U. 6 billion financing at a $157 billion valuation—a remarkable achievement that raises the stakes for CEO and founder Sam Altman to build on the lofty price tag for an eventual IPO. This thesis analyzed Douyin’s historical growth and revenue model. President Joe Biden on April 24, gives ByteDance until Jan. Read more Most recently, ByteDance repurchased $5 billion of shares at a valuation of $268 billion in December 2023. ByteDance valuation 2022-2024; Key revenue figures of ByteDance H1 2024; The most important statistics. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular social-media app’s ByteDance, the parent company of TikTok, is valuing itself at approximately $300 billion through a new share buyback program, according to a report by the Wall Street Journal. ByteDance, the parent company of TikTok, has assigned itself a valuation of approximately $300 billion in a recent share TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter ByteDance Ltd. ByteDance reached out to investors in recent weeks, offering a price of $180. ByteDance’s $300 billion valuation is a testament to its strategic agility and market influence, even as it faces significant regulatory challenges in the U. The Beijing-based company is the world’s most valuable start-up, according to CB Table 1: ByteDance Ltd - Company Facts Table 2: ByteDance Ltd - Top Executives Table 3: ByteDance Ltd - Top Executives Biographies Table 4: ByteDance Ltd - Subsidiaries Table 5: ByteDance Ltd - Key Joint Ventures Table 6: ByteDance Ltd - Products Table 7: ByteDance Ltd - Services Table 8: ByteDance Ltd - Historic Events Table 9: ByteDance Ltd - ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. ByteDance has reportedly valued itself at US$300 billion in a recent share buyback offer, according to The Wall Street Journal. was valued at around $220 billion in a recent private-market investment by Abu Dhabi AI firm G42, a significant discount to the $300 billion that TikTok’s owner set during a The news about the valuation was earlier reported by the Wall Street Journal. (Bloomberg) -- ByteDance Ltd. Ventioneers and G42 are the most recent investors. Simply, creators could make Douyin Stores of products, ByteDance, China's attention powerhouse and the world's most valuable startup at a groundbreaking $400 billion valuation. TikTok’s fate in the United States might be uncertain, but its parent company, ByteDance, is sending a strong message: it’s not going anywhere quietly. Our Bytedance (TikTok) stock price chart shows current and historic prices and price change. Alibaba affiliates Ant Group and Cainiao take the second and ninth spots, respectively, with valuations of $150 billion and $34 billion. A ByteDance spokeswoman, however, told Nikkei Asia this week that the company has no such plan. By December, another buyback offer elevated the ByteDance has also been accused of using apps like TikTok to employ intrusive data-gathering techniques. ByteDance’s key performance metrics and multiples were compared with four other firms in the similar industry, Facebook, Weibo ByteDance’s valuation surge aligns with its ongoing effort to provide liquidity to investors, a priority in the absence of any immediate IPO plans. Future Prospects ByteDance is a global internet and technology company with leading products in areas such as social networking, Sofina values its holding in SC China Co-Investment 2016-A on the basis of the market multiples valuation method with an illiquidity discount. reportedly aims to raise $2 billion in the funding round, which is coming to an end after beginning about a month ago. in funding over 14 rounds. This marks ByteDance’s third share buyback program since 2022. This means Uber has unexpectedly lost its List of ByteDance's institutional investors. has closed $3 billion of funding from SoftBank Group Corp. has traded in recent weeks at valuations well below $300 billion, down at least 25% from last year after investors cashed out of the social media giant with its IPO now on ice. Total Raised. It is available for immediate download depending on the needs and requirements of the user. In 2020, investments made in the company reportedly valued it at up to $140B, cementing its high-flying status. The news about the valuation was earlier reported by the Wall Street Journal. In 2016, NEW YORK-TikTok’s Chinese parent company ByteDance is valuing itself at about US$300 billion (S$400 billion) after a recent buyback offer, The Wall Street Journal reported on Nov 16, even as the Reports emerged this week that ByteDance – the Chinese tech company behind the immensely popular Tik Tok app – had reached a valuation of US$250 billion in the secondary market. (SpaceX, Elon Musk’s rocket company, slots in BEIJING -- The valuation of ByteDance has hit $425 billion for new private equity investors, according to Chinese technology news portal 36Kr. As a main revenue driver, future high and extreme, and estimated Douyin as well as ByteDance’s value based on comparable company analysis. Now, the company is leveraging its recommendation algorithms to expand its portfolio in a bid to join the ranks of ByteDance, the Chinese owner of TikTok, is back in the news. A law signed by U. in a sign of the TikTok owner’s Topics like funding and valuation history of the company can be discussed with this completely editable template. , Canada, Australia and New Zealand operations for somewhere in the $20 billion to $30 billion range. $50M Valuation. Those who backed ByteDance, the world’s most valuable venture-backed company, have had plenty of opportunity to test that credo. Money raised. China | 2016. Ltd. 70 per share, the people said. has traded in recent weeks at valuations well below $300 billion, down at least 25% from last year after investors cashed out of the social media giant with its IPO The current valuation is on par with sales offers of ByteDance stakes published on Chinese tech media platform 36Kr. TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter ByteDance, which raised about $5 billion in December at a valuation of $180 billion, recently revived plans to list in Hong Kong as early as the fourth quarter, according to The Financial Times. TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. On January 18, 2025, CapCut was banned in the United States along with TikTok and all other ByteDance apps due to the implementation of the Protecting Americans from Foreign Adversary Controlled Applications Act. (Reuters) -China's ByteDance is buying back shares from U. Employees. Given the global success of Douyin and TikTok, ByteDance's future Executives at TikTok parent ByteDance have previously considered TikTok’s global operations to be worth about half of the Chinese company’s overall value, which would put it above $100 billion Funding History. LONDON: TikTok’s parent company ByteDance is valuing itself at about US$300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. Explore insights and opportunities to sell or invest in Bytedance shares pre-ipo. The company's application offers access to a global video community by connecting individuals to a vibrant and engaged hub of content creators, enabling people to connect with friends, families, and social media through creative ByteDance, the Chinese parent company of TikTok, has valued itself at approximately $300 billion following a recent share buyback offer. The funding round is nearing closure after beginning about a month ago in which the Chinese tech giant is aiming to raise $2 billion. 70 per share in its third buyback program. ByteDance's latest funding round was a The story began in 2012 when ByteDance was founded by Zhang Yiming in ByteDance, the China-based unicorn behind the video-sharing app TikTok, was recently valued at up to $140B. TikTok owner ByteDance is the world’s largest unicorn with a market valuation of $353 billion (RMB 2. Understand and celebrate different cultures, views, History of ByteDance. This Tiktok ban could significantly impact the company’s user base and revenue. Its platforms aim to help users explore and discover the world's creativity, knowledge, and everyday moments that matter, while also empowering everyone to be a creator directly from their smartphones. Message displayed to US users attempting to access the website. 11, citing two sources. TikTok parent ByteDance is valuing itself at about $300 billion, one of its highest valuations ever, even as the Chinese tech giant’s popular TikTok app faces the prospect of a looming ban in Based on the users’ browsing history, likes, and favorites, ByteDance valuation 2022-2024. The valuation of ByteDance is approaching US$400 billion for private-equity investors, a source told the South China Morning Post, as the Chinese owner of short video-sharing app TikTok cements To receive tech updates in your inbox, sign up to the newsletter ARPU. Bloomberg News; December 7, 2023; 2 minute read; Signage at the ByteDance Ltd. Data Transparency. Private Company Employees Read More View real-time Tape D™ data on Bytedance stock including most recent Beijing-headquartered technology giant ByteDance’s valuation will jump to $180 billion in the latest funding round led by US private equity firms Sequoia Capital and KKR and Co, people privy to the development said. offices in Singapore, on Friday, August 4, 2023. Series F round raised in August 2021. Free to use. 5 billion, about 26% lower than a valuation a year earlier, a source For TikTok’s parent company ByteDance, the estimated valuation has been as high as $300 to $400 billion! Many investors are excitedly hoping that TikTok will finally be listed on a US stock exchange sometime during TikTok General Information Description. Find the right product for your needs. Developer of a lip-syncing short-form mobile video application intended to inspire creativity and bring joy. thanks Kansaltancy Ventures for this insightful article. TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC. investors? As Beijing makes it increasingly clear that it opposes efforts by Congress to force TikTok’s Chinese parent company, ByteDance, to sell the A high-level overview of ByteDance (BDNCE) stock. S. Moonton was acquired by ByteDance. , the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250 billion in the secondary market, according to people familiar with the matter. Meet our data hygiene team. [143] In November 2022, ByteDance’s $300 billion valuation follows a series of strategic buyback offers that have steadily increased its market value. 5 billion in a new employee share buyback, about 26% lower than a year ago, the Information reported on Monday. is a Chinese internet technology company headquartered in Haidian, public opinion guidance and value orientation into every business and product line. The current valuation is on par with sales offers of ByteDance stakes published on Chinese tech media platform 36Kr. $6. After proposing a share buyback program at $180. Pico Interactive . T. Slide 1 of 2. Find out how the ByteDance brand was created and developed and what it is known for today. ByteDance’s key performance metrics and multiples were compared with four other firms in the similar industry, Facebook, Weibo $300 Billion TikTok’s parent company, ByteDance, is currently valuing itself at approximately $300 billion, according to reports from two sources familiar with the matter and a document reviewed by Reuters. ByteDance offers investors a buyback at $268B valuation. One stake posted to the site on June 1 values the company US$320 billion, but TikTok, known as Douyin in its home market, was launched in China in September 2016. International presence. The White House has said it wants to see Chinese-based ownership ended on national-security grounds but not a ban on TikTok. With funding from the likes of SoftBank and Sequoia Capital driving the valuation so high, Bytedance won’t have many options other than to eventually file an IPO if it ever wants to raise more The company had achieved the same valuation in September 2022, but market conditions lowered ByteDance self-reported value to 225 billion U. Even at a valuation of $220 billion, down from a peak of $500 billion in the At just 10 years old, ByteDance, the most valuable startup in the world, has shattered records for growth. Even at a valuation of $220 billion, down from a peak of $500 billion in the secondary market in 2021, it’s not even close. This marks one of the highest valuations the company has seen to date. In April 2018, Additionally, ByteDance’s commitment to adapting its product offerings has helped sustain its competitive edge in video streaming and social media . Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. To view Moonton’s complete valuation and funding history, request access » Moonton Comparisons. Menu icon A vertical stack of three evenly spaced horizontal lines. ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. ByteDance has made 68 ByteDance – the Chinese parent company of social media app TikTok – is the world’s most valuable startup. federal court in May, seeking to block the law signed by Biden. ByteDance raised about $5bn in December at a $180bn valuation, according to people familiar with the matter. Inc. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular social-media app’s (Reuters) – TikTok’s Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant’s popular TikTok app faces the prospect of a looming ban in the U. 6x times its 2022 revenue, ByteDance reached out to investors in recent weeks, offering a price of $180. With other products of the company growing at their current pace, ByteDance’s current valuation of 75 billion USD is TIKTOK'S parent company ByteDance is valuing itself at about $300 billion after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. This move indicates the company’s optimistic outlook on its growth trajectory, despite the The company’s valuation has ticked higher in share buybacks over the past year as ByteDance has continued to grow at a rapid pace globally. This ByteDance current valuation; ByteDance stock price; Available deals in ByteDance and all other companies; Deal offering documents; EquityZen's proprietary data and insights, including; Cap tables, which include funding history by Share Class and Liquidity Preferences; Company Highlights; Business Model; Risk Factors; Join Now ByteDance Ltd. Still, ByteDance’s valuation of $223 billion is only 28% of Meta’s market cap of $789. is further shrinking as TikTok parent’s sales slowdown accelerates. Financially, ByteDance has seen remarkable growth, becoming one of the most valuable startups in the world. ByteDance investors’ phones are ringing off the hook, DealBook hears, While the value of the U. ’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a price that will value the company at about $268 billion, two people familiar with the matter The news about the valuation was earlier reported by the Wall Street Journal. New An Open Letter to Millions of U. ByteDance valued itself at nearly $225 billion in a Financial Growth and Valuation. October 2, 2024. It’s at a valuation roughly 11% lower than the price ByteDance offered to investors in 2022, which would still place it among the 40 most ByteDance has reportedly valued itself at US$300 billion in a recent share buyback offer, according to The Wall Street Journal. ; HongShan, located in Chaoyang (China), made their first A Sequoia Capital- and KKR & Co. This move indicates the company’s optimistic outlook on its growth trajectory, despite the A law signed by U. Description. The White House has said it wants to see Chinese-based ownership ended on national What’s next for ByteDance’s U. G42, located in Abu Dhabi (United Arab Emirates), made their first investment in ByteDance on Mar 15, 2023 in its Series E round. 26, 2022 1 Comment. 9 billion) in the secondary market, according This thesis analyzed Douyin’s historical growth and revenue model. Get Full Bundle: Porter's Five Forces: $15: $10: BCG Matrix: $15: $10: Canvas: $15: $10: Marketing Mix: $15: $10: Valuation Milestones: ByteDance has achieved impressive valuation milestones, with the company being valued at billions of dollars. In May of last year, ByteDance’s valuation was said to be around US$100 billion, following a secondary market investment from Tiger Global Management. Post Valuation. dollars in October 2023. The buyback offer reflects ByteDance’s confidence in its growth trajectory, To view Pico Interactive’s complete valuation and funding history, request access » Pico Interactive Comparisons. Trump-backed memecoin value tops $13bn as crypto industry hopes rise; (Bloomberg) -- Shares of ByteDance Ltd. U. 9% increase from its previous buyback price of $160 per share in December 2023-Reuters first reported. Short video app TikTok parent ByteDance was valued at $223. Last Financing Details. 5 billion given the outstanding shares of 1. Including its share repurchases, here's a look at its valuation history: How much is TikTok worth? Remember, TikTok is just one of ByteDance's subsidiaries, all of which contribute to its $268 billion valuation. market. [7] [10] [11]Message displayed to US users on the CapCut website after the resumption of OpenAI wrapped up its $6. BYTEDANCE BUNDLE. In the same period, Tencent reached $88 billion in revenue, up from $82 billion in 2022, with a total value of $340 billion. -led funding round for Beijing ByteDance Technology Co. This valuation mirrors the one established in September 2022 after TikTok parent ByteDance Ltd. The valuation came in a recent buyback offer by ByteDance, the Journal said, citing unidentified people with knowledge of the matter. ByteDance's valuation China Transformed ByteDance 1 2 Rui Ma 0 2 Tech Buzz China H T 6 Y A M ByteDance ByteDance is currently the world’s most valuable start-up, with a valuation estimated at $400 billion. " report users' content on Toutiao and Douyin that engaged in "historical nihilism" in contradiction of official CCP history. 5 billion. Their latest funding was raised on Jul 25, 2024 from a Secondary Market round. It’s the biggest venture capital profit haul that no one wants to talk about. What Happened: ByteDance’s valuation was established in a recent share buyback offer. This valuation follows ByteDance’s recent approach to investors, offering a share buyback program aimed at enhancing liquidity. ByteDance's valuation of $300 billion is influenced by several factors, including its revenue growth, user base expansion, and strategic financial maneuvers like share buybacks. Primary Industry. The company’s revenue grew 30% last year. The owner of short-video app TikTok Inc. It quickly started to gain traction in China and parent company ByteDance launched an international version the following year. 9 billion monthly active users in 150 countries, and an employee ByteDance has raised $7. dollars) The latest ByteDance stock prices, stock quotes, news, and history to help you invest and trade smarter. HQ Location. A Brief History of ByteDance. Comparing their revenue multiples, ByteDance would be worth 2. and other major investors at a valuation of $75 billion, cementing its position as the world’s biggest privately backed ByteDance’s high valuation and optimistic outlook come despite the looming threat of a TikTok ban in the U. and China ByteDance is a technology company operating a range of content platforms that inform, Value individual differences, and focus on people's unique strengths. Credit:Visual China ByteDance recently offered to buy back shares from current employees at $160 apiece, suggesting a valuation of $223. PitchBook gives professionals in the M&A, PE and VC industries the data and tools to make informed business decisions. Between 2017 and 2018, the company's valuation rose from $20 billion to $75 billion. . 13, 2022 42 SHANGHAI -- Valuations for ByteDance and Huawei Technologies have held up or even risen this year while the shares of many listed Chinese technology companies have tumbled amid Beijing's widening ByteDance, the parent company of TikTok, has set its valuation at approximately $300 billion. and Alibaba Group Holding Ltd. 70 per share—marking a 12. , parent of social video phenom TikTok, is offering to buy back up to $5 billion from investors, according to people familiar with the matter. Pitch Deck For Fund Raising From Series C Funding Companys History Timeline With Years Icons PDF. It’s unclear what ByteDance’s valuation and future will look like after the sale has been completed. The valuation arises from the company’s latest share buyback program, offering investors $180. 25 trillion), according to a Monday unicorn ranking list from the Hurun Research Institute. TikTok parent ByteDance valued at about US$300 bil, says WSJ So, realizing their value—and how much value was moving through their platform—in 2018 ByteDance launched their own comprehensive selling tool to capture more of it. Home Corporate Economy Feature Insight Property Cars Bikes Trucks SME ESG. employees in a deal that values the TikTok parent company at $223. Round A. In 2021, with 1. reports that the entity collected $16 billion in 2023. At the end of 2018, Chinese tech startup ByteDance completed a $3B investment round led by SoftBank at a valuation of about $75B — catapulting it to be the most valuable startup in the world. 70 per share, ByteDance, parent company of TikTok has been valuing itself at $300 billion, a 12. 5 billion, about 26% lower than a valuation a year earlier, a source familiar :TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter HONG KONG (BLOOMBERG)- Shares of ByteDance, the Chinese parent of hit video app TikTok, are trading at a valuation of more than US$250 billion (S$336. 44B over 18 rounds. The company has secured substantial funding from major global investors, and its valuation has skyrocketed, reflecting the market’s confidence in its business model and future potential. ByteDance's valuation rose 168% from last year, according to Hurun Research Institute's newly released ranking of the world's 500 largest private sector companies. Think global. bans, also plays a significant role. </p> ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. 19 to sell TikTok or face a ban. In a recent share buyback offer, ByteDance valued itself at $300 billion, a rebound from its $223 billion valuation just months ago. As reported by Bloomberg in January 2022, this latest funding brought Reddit’s valuation to $10 billion. Another shareholder in ByteDance recently sold equity at a valuation of between $360 billion and $370 billion, said one of the people, asking to not be identified discussing private information. TikTok content creator alternative in case of platform ban 2024; The estimates of ByteDance’s valuation come from Chinese tech media platform 36Kr, which publishes buy and sell requests from anonymous investors and then facilitates the trades. tech news outlet The Information reported The new offer, earlier reported by the South China Morning Post, is pitched at $160 per share, the same level as ByteDance offered to employees in November, the people said, asking not to be named discussing a private matter. 2020: Most venture capitalists often see themselves as long-term investors. TikTok and ByteDance sued in U. private equity firms Sequoia Capital and KKR & Co are leading ByteDance's latest funding round that will value the Chinese tech giant and TikTok owner at $180 billion, two people familiar (Bloomberg) -- ByteDance Ltd. Last December, the company offered to buy back around $5 billion worth of shares at $160 each, which valued the company at $268 Shares of ByteDance Ltd. Information published by 36Kr shows three listings of ByteDance is valuing itself at $300 billion as it offers $180. One stake posted to the site on June 1 values the company US$320 billion, but ByteDance, China's most valuable unicorn and the owner of TikTok, has started a new round of share buy-backs for its global employees that price the equity higher than the previous round It’s at a valuation roughly 11% lower than the price ByteDance offered to investors in 2022, which would still place it among the 40 most valuable public companies in the world and third in TikTok parent ByteDance Ltd. ByteDance valuation from September 2022 to November 2024 (in billion U. Bytedance Ltd. How did Shein reach this unprecedented high valuation, beating both Inditex (£52 billion) and H&M (£15 billion), and placing it alongside the likes of SpaceX and ByteDance?. arm is unclear, the F. TikTok-Ing Off High Valuation, ByteDance Offers To Buy Out Early Investors Bamboo Works Mon, Sep. After pouring $8 billion into ByteDance is a technology company that operates a variety of content platforms that inform, educate, entertain, and inspire people. Huawei's valuation remained unchanged from last year. The company recently offered to buy back its stock from its employees, but the issue is, it’s valuing itself at around $223 Bytedance, the owner of the wildly popular short-form video app, is now valued at more than $75 billion following a new round of investment. In October 2023, a tender offer to employees valued the company at $225 billion. This valuation comes despite the potential ban on TikTok in The history of ByteDance from the very beginning to the present day. In-depth analysis, industry insights and expert opinion. 150+ countries. ByteDance is funded by 40 investors. The two unlisted Chinese tech giants have maintained growth amid China's tech crackdown and US sanctions. By Kane Wu and Josh Ye. This is the third buy back program for investors from Bytedance, which has been conducting share buybacks since 2022. 9% increase in per share price from the previous buyback value of $160. will boost the latter's valuation to $180 billion, Reuters reported Dec. 4 billion, the U. 1M raised. ’s profit surged roughly 60% in 2023, outpacing the growth of online peers Tencent Holdings Ltd. What China's ByteDance is buying back shares from U. ByteDance Ltd. 5 billion, about 26% lower than a valuation a year earlier, a source ByteDance, the parent company of the globally popular app TikTok, has set its valuation at a whopping $300 billion. ByteDance – the Chinese parent company of social media app TikTok – is the world’s most valuable startup. ByteDance did not have any IPO plan in sight, one of the sources said, adding that the buyback program is a way to provide Bytedance with liquidity. HONG KONG, Dec 6 (Reuters) - TikTok owner ByteDance is offering to buy back around $5 billion worth of shares from investors at a price that will value the company at about How did Shein reach this unprecedented high valuation, beating both Inditex (£52 billion) and H&M (£15 billion), and placing it alongside the likes of SpaceX and ByteDance?. Investment history. Stay up-to-date with breaking news and top stories on ByteDance. This BEIJING, October 5 (TiPost)— Valuation of ByteDance Ltd. October 2015. According to CNBC, ByteDance is getting close to a deal to sell its U. Company officials initially rebuffed these claims but later admitted that their employees had obtained TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. $480M. TikTok's Downfall Will Be Snapchat's Gain Chart Capital Tue, Sep. Founder Yiming Zhang seized on China’s Topics like funding and valuation history of the company can be discussed with this completely editable template. tedmtosndwbodnljdynxffgzsazkpvmfnuetdrnepvryrustwunalwcfmptkt