TikTok Owner ByteDance's Valuation Drops Below $300 Billion in Private Deals

TikTok Owner ByteDance's Valuation Drops Below $300 Billion in Private Deals

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For your information, you can find below the description of the video TikTok Owner ByteDance's Valuation Drops Below $300 Billion in Private Deals published by the Youtube channel Bloomberg Markets and Finance:

Video app TikTok's owner ByteDance Ltd. has traded in recent weeks at valuations well below $300 billion. That is down at least 25% from last year after investors cashed out of the social media giant with its IPO now on ice. Lulu Chen reports on Bloomberg Television.