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ByteDance’s valuation soars to US$480 billion in share auction
Summary by Business Times
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2 Articles
ByteDance valuation soars to $480bn in share auction
A Chinese investment firm bought a block of ByteDance Ltd. shares at a valuation of $480 billion, far above recent levels, a sign of strong investor interest in the parent company of video sensation TikTok, reports Bloomberg. In bidding that took place Wednesday, venture firm Capital Today won out over several other interested parties to […]
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