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ByteDance Valuation Reportedly Hits $480 Billion During Auction
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ByteDance Valuation Reportedly Hits $480 Billion During Auction
ByteDance reportedly saw its valuation near $500 billion during a recent share auction. Photo Credit: Claudio Schwarz With TikTok U.S. seemingly poised to continue operating under new owners, the app’s ByteDance parent has reportedly seen its valuation rocket to almost $500 billion. That close to half-trillion-dollar valuation surfaced in reports from Bloomberg and The Times, both of which described a recent bidding war for a small interest in t…
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