Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely as its growth continues to benefit its Chinese and US investors
Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies.
Dealogic: investors have poured $58B across 42 data center deals YTD; Oxford Economics says nearly 850 data centers worth ~$7T are under construction globally
Sector remains hot despite some investors' wariness about tenants such as ByteDance — Data centre deals are weathering a storm …
Sources: ByteDance is discussing up to $70B of 2026 capex as it builds out data centers and other AI infrastructure, underwritten by its ~$50B profit in 2025
ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is planning to sharply increase …
Sources: HSG, formerly known as Sequoia China, set up a $3B continuation fund anchored by its ByteDance stake, offering ByteDance exposure at a ~$370B valuation
HSG, the investment firm formerly known as Sequoia Capital China, has closed a $3 billion continuation vehicle anchored by a stake in ByteDance Ltd. …
Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs
Sources: ByteDance plans to increase its 2026 capex to more than $30B, up at least 25% from a preliminary plan, amid the AI boom and rising memory chip costs
TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure …
Sources: ByteDance has made preliminary plans to spend ~$23B in AI capex in 2026, up from ~$20B in 2025, and has budgeted ~$12B for AI processors
Financial Times :
Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025
ByteDance Ltd. is on track for profits of roughly $50 billion in 2025, capping a record year for a Chinese social media leader …
UK filings: TikTok's revenue in the UK, Europe, and Latin America grew 38% YoY to $6.3B in 2024, up from $2.6B in 2022
Revenue from Chinese social media giant ByteDance's short video app leapt up 38% to $6.3 billion last year in Europe even as it faces the threat of being banned in the United States.
Wag, the pet care tech company reportedly valued at ~$650M after a $300M investment from SoftBank Vision Fund in January 2018, filed for bankruptcy on July 21
It's a huge $300M miss for Softbank, but I guess when you count Alibaba, ARM, Uber, DoorDash, and ByteDance among your hits you can afford to look silly when the dog-walking one flops Mastodon: Dare O...