ByteDance Hits $300B Valuation Amid US Ban Uncertainty, Report
ByteDance, the company behind TikTok, is now worth $300 billion despite the uncertainty around a possible ban in the U.S. The company is offering to buy back shares at $180 each. A U.S. law requires ByteDance to sell TikTok by January 2024, or the app could be banned.
By Vishal Kumar
November 18, 2024