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Jun 13, 2024 · ByteDance, the highest valued private company globally with a conservative estimate of its valuation at US225 billion, is seeking financing for its automotive information and trading platform, Dongchedi (also named DCar), in preparation for the subsidiary’s independent IPO.
Jun 18, 2024 · TikTok is owned by ByteDance, a private global company founded by Chinese entrepreneurs. According to TikTok, about 60% of the parent company is owned by global institutional investors, 20% by...
3 days ago · From the last quarter of 2023 to the first of 2024, “if you combine the orders from Amazon and the orders from TikTok, the ratio did shift in favor of TikTok,” Yamartino, the Route CEO, told ...
5 days ago · The latest international Bytedance Ltd news and views from Reuters - one of the world's largest news agencies.
Jun 12, 2024 · Although Chinese social media conglomerate ByteDance has not yet pursued a public listing, one of its subsidiaries is racing toward an IPO. ByteDance, the highest valued private company globally with a conservative estimate of its valuation at US225 billion, is seeking financing for its automotive information and trading platform ...
Jun 17, 2024 · ByteDance, TikTok’s Chinese parent company, is offering to buy back up to $5 billion worth of shares from existing investors, according to a person with knowledge of the matter.
5 days ago · PHOTO: REUTERS. CHINA’S ByteDance is working with US chip designer Broadcom on developing an advanced artificial intelligence (AI) processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure a sufficient supply of high-end chips amid US-Sino tensions. The 5-nanometre (nm) chip – a customised product ...
