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Chronicles

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Sources: secretive options-trading giant Susquehanna International has a 15% stake in ByteDance, estimated at $15B+, making it the largest outside investor

Wall Street Journal

Discussion

  • @arashmassoudi Arash Massoudi on x
    “Susquehanna is like a black hole,” said Paul Rowady, director of research at Alphacution. “There's no light that escapes.” https://www.wsj.com/...
  • @sandraguy Sandra Guy on x
    Susquehanna International Group, a secretive high-speed trading firm, is sitting on a stake in TikTok's owner estimated at more than $15 billion https://www.wsj.com/... via @WSJ
  • @rolfewinkler Rolfe Winkler on x
    You've probably never heard of Joan Wang or Tim Gong, two Chinese investors behind one of the most lucrative tech investments ever. https://www.wsj.com/...
  • @jchengwsj Jonathan Cheng on x
    Meet the unlikely investor that hit it big with TikTok—Susquehanna Investment Group, a secretive options-trading firm based outside Philadelphia that usually holds securities for fractions of a second (and is obsessed with poker). @RolfeWinkler @jingyanghk https://www.wsj.com/...
  • @darjohn25 Darrin on x
    Secretive High-Speed Trading Firm Hits Jackpot With TikTok - WSJ| Jeff Yass wins again. His entire life is just a continuation of his chapter in Market Wizards LOL. https://www.wsj.com/...
  • @charlesforelle Charles Forelle on x
    Eye-opening look at the high-speed trading firm with a sideline in Asia VC that made a $5 million investment in ByteDance in 2012. Its stake is now worth $15 BILLION(?!?!?!?!). https://www.wsj.com/...