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TikTok owner's valuation exceeds $100 billion in private markets: Report

Stock in world's most valuable start-up has changed hands recently at a price that suggests its value has risen more than 33 per cent from about $75 billion during a major round of funding 2 years ago

Topics
TikTok | ByteDance | valuation

Bloomberg 



valuation disparity
ByteDance has grown into a potent online force propelled in part by a TikTok short video platform that’s taken US teenagers by storm | Illustration: Binay Sinha

has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenomenon will keep pulling in advertisers.

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First Published: Thu, May 21 2020. 01:17 IST

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