Published

TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports

  • ByteDance is valuing itself at about $300 billion after a recent buyback offer, as reported by the Wall Street Journal.
  • A law signed by U.S. President Joe Biden requires ByteDance to sell TikTok by January 19 to avoid a ban.
  • TikTok faces a potential ban unless ByteDance sells the app to an American owner by mid-January.
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  • 62% of the sources are Center
62% Center
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