Bytedance, the parent company behind TikTok is now reportedly valued at around $300 billion, based on Bytedance's share buyback offer.
Previously, Bytedance was valued at around $268 billion in December 2023, and its value is seen to continue to rise month by month. This increase in value also shows that Bytedance is confident that it will not be affected by the movement in the United States market - in fact, there is a possibility that they can continue to operate in the United States without hindrance.
In addition to TikTok, Bytedance also has a number of other services, including offering chat services based on butane intelligence in China, in addition to the Lemon8 service which has also been their focus lately.
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BUSINESS & MONEY