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Chronicles

The story behind the story

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Sources: ByteDance, which owns TikTok and was valued at $75B in October 2018, is planning for an IPO in Hong Kong as soon as Q1 2020

Henny Sender / Financial Times :

Financial Times Henny Sender

Discussion

  • @zhugeex Daniel Ahmad on x
    TikTok owner ByteDance eyes initial public offering in Hong Kong ByteDance reported revenues of between $7bn and $8.4bn for the first half of the calendar year, according to Reuters, and was profitable in the month of June. https://www.ft.com/...