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hellraider87
2021-04-14

Nice

ByteDance to go public in Hong Kong:source

ByteDance,the Chinese parent of hit video app TikTok,submitted the letter of appointment to the HKEx

ByteDance to go public in Hong Kong:source

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It’s now weighing options for the initial public offering of some businesses.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post. 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