(Bloomberg) -- ByteDance Ltd. plans to buy back employee stock at a valuation of about $312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech ...
ByteDance, the parent company of TikTok, has launched a new stock buyback program offering US employees $189.90 per share, Reuters reported Tuesday, citing sources familiar with the matter. The ...
South Korea has accused Chinese AI firm DeepSeek of sharing user data with ByteDance, the China-based parent firm of TikTok. It comes after the country removed DeepSeek from its local Apple and ...
That uncertainty has weighed on ByteDance and its shareholders, many of whom are located in the US. Some 60% of ByteDance is owned by investors outside China who’ve collectively poured $19 ...
BANGKOK, Feb 28 (Reuters) - ByteDance's TikTok will invest $8.8 billion in data centres in Thailand over five years, Helena Lersch, TikTok's Vice President of Public Policy, said on Friday at an ...