Some of ByteDance's major investors now value the company at over $400 billion. This valuation was also done by SoftBank in December 2024, and there are investors targeting the technology company at a value of over $450 billion.
ByteDance is already popular with its TikTok offering, in addition to which they also have their own artificial intelligence service offering in China called Doubao. The service itself has over 75 million users, and is a leader in China. The service also uses a cost-effective development method such as DeepSeek, compared to other western providers.
Interestingly, ByteDance's valuation is also done by putting the value of TikTok's operations in the United States at zero - that is, if the service were to be shut down in that country. And if the opposite were the case, ByteDance's value could be higher than $400 billion.