Hypebeast -
6 Nov 2020 21:34
TikTok parent ByteDance is making the most of its newfound (and potentially temporary) freedom. Bloomberg cites an inside source who claims that the Chinese company is currently speaking with investors about funding that could boost the company's valuation to $180 billion USD.Currently, ByteDance is claimed to be in talks regarding a $2 billion USD cash infusion, which it would then follow by listing some of its other businesses in Hong Kong. Companies including Sequoia are said to be discussing...
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