You Searched For "bytedance ipo" and got 20 results
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2 mins read
SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…
Hasan Chowdhury
1 min read
TikTok parent ByteDance is reportedly planning a Hong Kong IPO despite the ongoing crackdown from Beijing
The social media company is targeting a Hong Kong IPO in either the fourth quarter of 2021 or early…
Matthew Fox
1 min read
TikTok parent ByteDance is reportedly in talks for $4 billion worth of loans as IPO faces regulatory headwinds
The bank loans come as a regulatory crackdown on China's technology sector casts a shadow over Byte…
Emily Graffeo
2 mins read
TikTok owner ByteDance has reportedly canceled its upcoming IPO as China cracks down on tech companies
ByteDance had been valued at $180 billon in a round of funding in December, the Wall Street Journal…
Carla Mozée
1 min read
TikTok owner ByteDance may be worth more than Twitter and Coca-Cola as a public company
The company behind TikTok is trading at $250 billion on the secondary market as it weighs an initia…
Natasha Dailey
1 min read
TikTok's parent company isn't the first Chinese firm to reportedly cancel its IPO plans - but it may get to avoid the public embarrassment Jack Ma faced
Bytedance reportedly paused its IPO after a chat with regulators, saving it and CEO Zhang Yiming fr…
Katie Canales
2 mins read
Meet Shou Zi Chew, TikTok's 39-year-old CEO who got his start at Facebook and led a Chinese smartphone giant through one of the biggest tech IPOs in history
Shou Zi Chew led Apple competitor Xiaomi through a blockbuster 2018 IPO. Now, he's both CEO of TikT…
Katie Canales
2 mins read
ByteDance floats US IPO for TikTok in effort to win White House approval
A TikTok IPO would likely mark the largest tech IPO in recent years. The company was recently value…
Matthew Fox
2 mins read
TikTok parent ByteDance has special stock owned by China's government. Here's how 'golden shares' give Beijing influence over the social-media giant.
In 2021, China's government bought a 1% stake in the main domestic unit of TikTok owner ByteDance.
Filip De Mott
2 mins read
TikTok owner ByteDance may reportedly scrap plans for a blockbuster global IPO and just list its Chinese business at home instead
ByteDance has been in talks with Hong Kong Exchanges and Clearing (HKEX), two people told Reuters F…
Saloni Sardana
2 mins read
It's not just Jack Ma. More and more Chinese tech founders and CEOs are retreating from the spotlight.
Bytedance founder Zhang Yiming has reportedly left the board of the TikTok parent. He's the latest …
Katie Canales
1 min read
ByteDance's billionaire co-founder Zhang Yiming steps down as chairman following company reshuffle: reports
This comes on the heels of news of a major company reshuffle, including TikTok CEO Shou Zi Chew ste…
Huileng Tan
2 mins read
There's a 90% chance TikTok will be banned in the US unless it goes through with an IPO or gets bought out by mega-cap tech, Wedbush says
Wedbush analyst Dan Ives said in a note on Monday it's "a matter of when, not if TikTok gets banned…
Matthew Fox
2 mins read
TikTok's deal with Oracle and Walmart lets it cling on to its most valuable asset — its algorithm
TikTok's recommendation algorithm is considered by experts to be the company's "secret sauce," and …
Isobel Asher Hamilton
2 mins read
TikTok owner ByteDance is reportedly eyeing a $60 billion valuation for TikTok Global
Bloomberg reported Oracle and Walmart will take 12.5% and 7.5% positions in TikTok Global and pay a…
Saloni Sardana
2 mins read
The ban on TikTok downloads has been postponed by one week after Trump gave his 'blessing' to a deal with Oracle and Walmart
Secretary of Commerce Wilbur Ross said in a statement the deadline for the ban has been moved to Se…
Isobel Asher Hamilton
2 mins read
TikTok's parent company reportedly saw $5.6 billion in revenue during the first three months of 2020
This figure represents 130% growth in revenue year-over-year for ByteDance, which reportedly is wei…
Paige Leskin
1 min read
TikTok owner ByteDance reportedly hit $3 billion in net profit in 2019
ByteDance pulled in $17 billion in revenue in 2019, more than double what it made in 2018.
Isobel Asher Hamilton
2 mins read
ByteDance, the Chinese company behind TikTok, is now reportedly worth over $100 billion
One confidential source told Bloomberg the value of the Chinese-based startup is more than $140 bil…
Saloni Sardana
3 mins read
Inside Hippo's S-4 - Jane Street nabs senior volatility trader - How Fidelity values SpaceX, ByteDance
The top finance stories for March 26, including the latest news on the highlights from $5 billion H…