TikTok’s parent company ByteDance’s valuation has jumped to approximately $315 billion in the latest share buyback announced by the company.
(Bloomberg) -- ByteDance Ltd. plans to buy back employee stock at a valuation of about $312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech ...
The Chinese owner of the popular short video-sharing app's regular share buyback program underscores its strong balance sheet ...
The valuation marks a substantial increase for ByteDance whose stock exchanged hands at a low point of $275 billion in July 2022. A renewed rally in Chinese tech stocks driven by AI startup ...
The parent company of TikTok has offered US employees the chance to sell shares they might hold in ByteDance ... some thoughts on the wider public stock market at present, Mr De Silva noted ...
ByteDance, the parent company of TikTok, has launched a new stock buyback program offering US employees $189.90 per share, Reuters reported ...
The popular short-form video app is owned by the Chinese company ByteDance, which doesn't trade publicly on any stock exchanges. But there's a way to get a piece of the action in one of the world ...
As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more ...
Tencent (OTCPK:TCEHY), Alibaba (NYSE:BABA), and ByteDance (BDNCE) have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI ...
BYTEDANCE plans to buy back employee stock at a valuation of about US$312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech shares. TikTok’s owner ...