Source: Kuaishou Technology, ByteDance's main rival in China, is seeking to raise as much as $5.4B through an IPO in Hong Kong and is slated to list on Feb. 5
Kuaishou Seeks $5.4 Billion in Biggest Tech IPO Since Uber First 9 mos of 2020 was abt $6Bn in revenues. Annualized would be abt half of Douyin which is estimated at $16Bn (60% of $27Bn) for full year 2020. It's a pretty diff co from ByteDance. https://www.bloomberg.com/...