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ByteDance Latest Valuation Said to Reach US$300B After Recent Shr Buyback
TikTok's parent company, ByteDance, recently initiated a share buyback program, offering a price of US$180.70 per share, and valuing the company at about US$300 billion, up 12....
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ByteDance Latest Valuation Said to Reach US$300B After Recent Shr Buyback
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TikTok's parent company, ByteDance, recently initiated a share buyback program, offering a price of US$180.70 per share, and valuing the company at about US$300 billion, up 12.9% from 2023, Reuters quoted insiders and a document as saying. This is the third buyback program for investors.

ByteDance did not have any plans for an IPO, and the buyback program is a way to provide liquidity for the company, according to insiders.

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