bullish
Bytedance Tearsheet - Doesn't Need Much of an Introduction
478 Views28 Feb 2022 14:06
SUMMARY
- Bytedance doesn’t need a whole lot of introduction as it runs one of the most popular global apps, TikTok, and one of the largest domestic apps in China, Douyin.
- The company undertook a funding round in Dec 2020, which valued the company at around US$180bn. Its valuation has touched US$425 bn in June 2021 in private market transactions.
- Rumours about listing have been doing the rounds since as far back as 2019. Although there are no confirmed listing plans.
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