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Bytedance valuation

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Bytedance valuation


It launched the overseas version, TikTok, in ByteDance is the world's most valuable unicorn startup with a valuation of US$75 Billion. Vigo Video and Vigo Lite, two apps that allow users to create and share short-form sketches and lip-syncing to Bollywood songs, posted a mess… Sep 13, 2019 · Few tech startups have taken off as quickly as Beijing-based ByteDance, the creator of the highly popular 15-second video app, TikTok. About a year ago, the firm was raising at least $2 billion at a valuation of over $20 billion. Jun 23, 2020 · A survey carried out by TCS in 2011-2012 revealed that the younger generation in India prefer smartphones over television, when it comes to entertainment. ByteDance, the company that owns the massively popular TikTok, has set its eyes beyond TikTok. Fast-growing Bytedance runs China's popular news feed Jinri Toutiao and short video platform TikTok, which was also the world’s most downloaded app in the first quarter. ByteDance Founder & CEO: Zhang Yiming Born in 1983, Yiming holds a Bachelor’s degree in Software Engineering from Nankai University. ByteDance is an internet technology company that enables to discover a world of creative content platforms powered by leading technology. 5 billion in the company The most important thing is that we are not a news business: Zhang Chinese internet giant ByteDance has announced plans to discontinue two of its apps in India, its biggest overseas market, and urged users to move to TikTok. Toutiao became a model for how ByteDance could generate profit, creating a mobile experience that’s a cross between Google and Facebook for would-be advertisers. Since the company was founded in 2012, ByteDance’s apps have become a favorite among users AND advertisers in the world’s most sprawling online population. The new valuation target of more than $10 billion, including the fresh funds for Beijing Bytedance, is a sign of the company’s rapid progress after it was valued To Read the Full Story Jun 15, 2020 · The Beijing-based giant with a valuation of $75 billion is competing for one of five electronic banking licences to be issued by the Monetary ByteDance does not operate a digital bank, the FT Analysis of ByteDance ByteDance’s current valuation of 75 billion USD is considered to be too high. Bytedance, operator of the TikTok short video platform, is the parent company of China’s most popular media site, Toutiao. The company has yet to disclose its actual private valuation, but some reports have estimated that it could be as much as $140 billion. The startup reached a valuation of $75 billion last year, according to CB Insights. Last year, it raised a whopping $1. Bytedance has started discussions with potential investors about the new fundraising round, but the situation remains fluid and terms could change Sep 13, 2019 · Few tech startups have taken off as quickly as Beijing-based ByteDance, the creator of the highly popular 15-second video app, TikTok. Dec 24, 2019 · ByteDance has emerged as the world’s most valuable startup on the explosive popularity of TikTok, where more than a billion, largely young, users share short clips of lip-syncing and dance videos. However, ByteDance has not publically confirmed the plans. 5 billion, and later increased its shareholding in ByteDance by acquiring more equity in the secondary market. Internet Technology Company. Bytedance was founded in March 2012 and is headquartered in Haidian, China, with offices in the USA and Japan. Yahoo Finance Video. Big number: $78 billion. Bytedance plans to use the investment to continue to drive its growth globally as well as to expand into new business areas. Since acquiring TikTok competitor Musical. ByteDance leveraged capabilities in consumer-focused artificial intelligence (AI) to become one of the first Chinese Big Tech digital platforms to succeed outside China, notably in the Currently working across ByteDance's suite of products as it relates to all things music! TIDAL. Despite the achievement, Bytedance was only six years old. Inc. TikTok Owner’s Value Exceeds $100 Billion in Private Markets - Confirmbiz ByteDance Ltd. The 282,951-square-foot, seven-story vertical creative office campus is located at 5800 Bristol Parkway. 56 billion by the year 2022. Apr 15, 2020 · Final Thoughts: TikTok Stock Price. ByteDance. Beijing-based ByteDance, the world's most valuable start-up with a valuation of $75 billion, launched its short video app Douyin in China in late 2016. They combined it with TikTok on August 2, 2018 into a single global application, keeping the TikTok name. ByteDance is said to be planning an IPO in Hong Kong for next year. Its backers span top-notch venture capitalist firm Sequoia  27 Nov 2019 Its overseas app, called TikTok, has more than a billion users, which has helped propel ByteDance's valuation to top the the CB Insights  24 Dec 2019 ByteDance has considered selling a chunk of TikTok if necessary to protect the value of the business, the people said. Bytedance CEO and founder ByteDance was valued at $75 billion, but in May 2020 ByteDance’s valuation raised to more than $100 billion in recent private share transactions. at a valuation of $75 billion. Mar 15, 2020 · TikTok has taken the social media world by storm, especially in the United States, vaulting ByteDance to a valuation that sources have told Reuters is close to $100 billion in the secondary market. Aug 08, 2018 · Fast-growing Bytedance runs China's popular news feed Jinri Toutiao and short video platform TikTok, which was also the world’s most downloaded app in the first quarter. $155. ByteDance has announced that they have over  26 Oct 2018 Bytedance, the owner of popular karaoke video app TikTok and huge Chinese news aggregator Toutiao, is now valued at $75 billion, which  20 May 2020 TikTok owner ByteDance valuation now exceeds $100 billion: report. May 28, 2020 · ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a Jun 01, 2020 · An email sent to ByteDance spokespersons in India, on Saturday evening, did not elicit any response till the time of going to press. ByteDance's TikTok (known as Douyin in China) ranked seventh, which indicates that the growing Beijing-based startup could become a thorn in Baidu's side. ByteDance's Offerings Beijing-based ByteDance was founded by former software engineer View Xinyu Yu’s profile on LinkedIn, the world's largest professional community. As well as TikTok/Douyin, parent company ByteDance owns the Chinese AI-powered news aggregator Toutiao. Bytedance of China Eyes $75 Billion Valuation, Joining Start-Up Giants September 29, 2018 admin Technology 0 HONG KONG — In the United States, the fortunes of giant social media companies such as Facebook and Twitter have wobbled as they have been blamed for abetting abusive discourse and hosting malicious political influence campaigns. ByteDance is reportedly worth over US$100 billion as of May 2020. . com Following the U. The effort was led by SoftBank and raised around $3 billion. ly for up to US$ 1 billion. ’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. Bytedance’s flagship product is Jinri Toutiao. Nov 11, 2019 · In China, ByteDance has just made its much-rumored debut into the smartphone market. Apr 20, 2017 · ByteDance is a content discovery and creation platform that enables people to enjoy content powered by AI technology. Oct 26, 2018 · Bytedance secured $3 billion from SoftBank Group Corp. and General Atlantic, gives it a valuation May 27, 2020 · ByteDance's private valuation is reportedly around $110 billion, but one analyst said it could fetch a valuation of up to $180 billion in an initial public offering. The company is aiming to raise around $3 billion, according to people familiar with the matter. Oct 01, 2018 · Though the round isn’t official, a $75B valuation would make ByteDance one of the world’s most valuable private tech companies — for context, Uber was recently valued at $76B. In just two years, TikTok has emerged to rival companies like Bytedance is said to have secured a $75 billion valuation in late 2018, making it the world’s most valuable startup— though the figure isn’t used in the net worth calculation because the Nov 08, 2016 · The new valuation target of more than $10 billion, including the fresh funds for Beijing Bytedance, is a sign of the company’s rapid progress after it was valued at just $500 million in June 2014. Bytedance was seeking a $10 billion valuation in a late 2016 funding round, sources familiar with the fundraising said at the time. ’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, refl Mar 15, 2020 · TikTok has taken the social media world by storm, especially in the United States, vaulting ByteDance to a valuation that sources have told Reuters is close to $100 billion in the secondary market. This is an ongoing list of all unicorn companies in the world. Douyin and TikTok are effectively the same thing except that one is designed for overseas use (TikTok) while the other works at home (Douyin). Apr 29, 2019 · ZHANG Yiming (张一鸣), the founder and CEO of ByteDance, occupies 98. 81% of the Terark’s share. 27 May 2020 ByteDance's private valuation is reportedly around $110 billion, but one analyst said it could fetch a valuation of up to $180 billion in an initial  20 May 2020 TikTok-owner ByteDance said to surpass US$100 billion in private market value. What’s so unique about a company that has racked up over half a billion users globally? Aug 07, 2019 · ByteDance’s valuation has skyrocketed to more than $75 billion, making it the world’s most valuable startup. 20 May 2020 While it is a signifcant milestone for any company that crosses the $100B valuation mark, this was pretty much incoming in case of Bytedance. Bytedance is well known for being the company behind the personalized news aggregator, Jinri Toutiao whose slogan is “‘The only true headlines are the things you care about”. Oct 28, 2019 · ByteDance, which owns short-form video app TikTok, is eyeing an initial public offering in Hong Kong as soon as the first quarter of next year, the Financial Times reported on Tuesday, citing two Bytedance is on its way to a more than $75 billion valuation Softbank Group is planning to invest about $1. ByteDance, needless to say, has an immense user base that spans from news to entertainment and now to social commerce with the company’s recent launch of several e-commerce apps. Following Bytedance, Uber ($72 billion), Didi Chuxing ($65 billion), WeWork ($47 billion), and […] Jan 23, 2019 · Six-year-old Bytedance secured a US$75 billion valuation in its most recent fundraising round, vaulting it past Uber Technologies in the global unicorn rankings, after attracting backing from May 20, 2020 · According to Bloomberg sources, the valuation of TikTok owner ByteDance has risen to more than $100B, up from $75B during its last funding round two years ago. May 20, 2020 · Yahoo Finance's Jennifer Rogers, Myles Udland, and Dan Roberts discuss ByteDance's new valuation. S. Secondary Transaction - Private: 01-Nov-2019: $113M: 00. 000: 0000 ByteDance is the developer of the video-sharing social networking service Douyin . Dec 15, 2018 · The valuation of any internet company is almost entirely dependent on its users. More than just content, she was the Lead Strategist across APAC at Hogarth Worldwide - a WPP production agency with global accounts - helping brands design and develop strategic content for the digital first consumer. 6 billion Oct 26, 2018 · A source with knowledge of the deal confirmed the round to TechCrunch and suggested that the value is pre-money, which, adding the round, would put ByteDance’s valuation at $78 billion. It closed pre-IPO funding round at a USD 75 billion valuation last year. A Bytedance spokeswoman declined to comment on the company’s fundraising Dec 24, 2019 · Toutiao became a model for how ByteDance could generate profit, creating a mobile experience that’s a cross between Google and Facebook for would-be advertisers. With a suite of “super apps”, Bytedance has a combined monthly active users (MAU) of 1. ByteDance’s Tik Tok app has great user engagement & monetization metrics, has great profitability, and is poised to give Facebook a run for their money in South and Southeast Asia. That $17bn+ revenue figure was more than double the $7. : Get the latest Bytedance stock price and detailed information including news, historical charts and realtime prices. 51 billion) in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. Many observers have raised questions against the humongous $75 billion valuation of ByteDance in the private market as most of TikTok users are teenagers with limited spending capacity. About a year ago, the firm was raising at least $2 billion at a ByteDance Ltd. Investors include Masayoshi Son's SoftBank. Sep 29, 2018 · A $75 billion valuation would make Bytedance one of the world’s most valuable private tech companies — Uber was recently valued at $76 billion. Market watchers are skeptical of the company's often-cited $75 billion valuation. Oct 24, 2018 · ByteDance is reportedly seeking a Hong Kong listing next year. Xinyu has 5 jobs listed on their profile. TikTok valuation. That’s ahead of Uber’s most recent $72 billion valuation, although the ride-hailing giant is being tipped to go public next year at a valuation of up to $120 billion. ByteDance, which is now the most valuable startup based on this USD 75 billion valuation, competes directly with China’s established tech giants including Tencent in the social media space and Baidu in the Internet search area. May 27, 2020 · ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a larger global footprint and burgeoning games business, estimated Ke Yan, Singapore-based analyst with DZT Research. Bytedance has started discussions with potential investors about the new fundraising round, but the situation remains fluid and terms could change Sep 28, 2018 · Bytedance is raising the funds through its Cayman Island holding company Bytedance Ltd. Tencent’s reliance on WeChat, China's dominant messaging and social media app, could hurt investors down the road. Since it's unlikely that there will be another funding round to raise capital, waiting for ByteDance to become public seems to be the simplest route to invest in TikTok Stock. Recently, Chinese content aggregator ByteDance shot into prominence with its acquisition announcement. S Mar 31, 2020 · Tiger Global’s premise behind buying shares despite a rather steeply rising valuation, rests on Bytedance’s projections of commanding 19% of the advertising revenue this year. That was not just down to luck, say those who know him. Unlike most Chinese startup companies, Bytedance stays independent from China’s tech giants – Baidu Group, Tencent Holdings and Alibaba Group (BAT). com and LevelupAI CREATE ALERTS Companies People Investors Funding Rounds Acquisitions Schools Events Hubs Saved May 21, 2020 · Bytedance Valuation in Private Markets Exceeds $100 Billion Categories: Industry Tony Xu Posted on May 21, 2020 TikTok and Douyin owner Bytedance’s valuation has risen more than 33% from around two years ago to more than $100 billion, according to a report from Bloomberg Wednesday, citing people familiar with the matter. Deal Type Date Amount Raised to Date Post-Val Status Stage; 10. 0 to 20%. ByteDance is best known for their products TikTok, Vigo, Toutiao, and TopBuzz Jan 01, 2019 · Simple. Sep 30, 2019 · China's ByteDance, owner of video-sharing app TikTok and one of the world's most valuable unicorns, booked revenue of 50-60 billion yuan ($7 billion to $8. With a By the end of 2018, Reuters reported that the ByteDance's valuation had  27 Oct 2018 Bytedance has closed US$3 billion of funding from SoftBank and other major investors at a valuation of US$75 billion, cementing its position as  26 Oct 2018 and private-equity firm KKR & Co at $75 billion valuation. ByteDance investors—including Sequoia Capital China, General Atlantic and SoftBank—have a lot riding on that question. Bytedance described the deal as a "merger ByteDance Ltd. That was ByteDance’s last reported valuation, making it one of the most valuable startups in the world. See the complete profile on LinkedIn and discover Xinyu’s connections and jobs at similar companies. Yahoo Finance's Jennifer Rogers, Myles Udland, and Dan Roberts discuss ByteDance's new valuation. FILE PHOTO: The TikTok logo is seen on a screen over Times Square in New York City, U May 24, 2020 · ByteDance Ltd. It would also give Bytedance financial heft comparable to that of some publicly traded high-tech leaders. Baidu has a current market cap of $36. (Picture: Xinhua) ByteDance, the world’s most valuable start-up with a valuation of US$75 billion, looks like it is betting big on the concept. Michelle Martin speaks to Arun Pai, Chief Strategy Officer at Flow to make sense of news that matters to investors. It was founded by Zhang Yiming in 2012. Harish Sarma Global Strategic Partnerships and Corporate Development at ByteDance New York, New York 500+ connections ByteDance Ltd. TikTok is owned by ByteDance, which has been around since 2012 and has a $75 billion valuation. Bytedance, which operates news and video-sharing apps in China and the west, is poised to overtake more established tech companies such as Uber and Didi Chuxing as it raises money at a valuation The ByteDance (TikTok) IPO signals a renewal of the big-name listings that seemed to be on the wane following the rather disastrous public offerings of stock in the likes of Uber and Lyft. The “startup” has a private market valuation between $110 billion and $140 billion, based on recent secondary sales, Bloomberg reports. 55 lakh crore) in recent private share transactions, people familiar with the matter said, reflecting Latest News about Bytedance < Previous 1 2 3 Next > China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard. Founded by entrepreneur Zhang Yiming in 2012, Bytedance is targeting a valuation of between $70 billion and $75 billion in the latest fundraising, said one of the people. 1 ByteDance valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenomenon TikTok will keep pulling in advertisers. Bytedance said the version of the documents the Guardian The post-money valuation of ~$75Bn USD made it surpass Uber to become the world’s most valuable private tech startup. Mar 31, 2020 · According to the report, some recent share transactions on secondary markets have given ByteDance an implied valuation of between $90 billion and $100 billion, up at least 20% from two years ago when investors valued it at $75 billion following a $3 billion funding round led by tech conglomerate SoftBank. $500M to $1B. June 21, 2020. Jan 01, 2019 · Simple. Bytedance will own 49% of the Bytedance Founded in 2012, Bytedance is a technology company that specializes in the use of artificial intelligence to link people with large amounts of information. That’s steep, and there are other concerns the company needs to address before …read more Oct 30, 2019 · It was TikTok that propelled ByteDance to a valuation of $75 billion, a global phenomenon that became one of the few Chinese internet companies to achieve global success. May 20, 2020 · ByteDance Ltd’s valuation has risen at least a third to more than US$100 billion (RM435. #TikTok #ByteDance #TikTokvideos Subscribe to Yahoo Finance: https://yhoo. ByteDance has grown into a potent online force in recent years, propelled in part by TikTok Sep 28, 2018 · A $75 billion valuation would make Bytedance one of the world’s most valuable private tech companies — Uber was recently valued at $76 billion. View Bytedance stock / share price, financials, funding rounds, investors and more at Craft. 3 billion at a valuation of $75 billion. May 20, 2020 · ByteDance, the parent company of internet sensation TikTok, has reportedly surpassed a $100 billion valuation. New York-based investment firm Tiger Global Management has built a stake in TikTok owner Bytedance through a 21-month share Nov 10, 2017 · Now the Beijing-based company, with a valuation said to be in the neighborhood of $20 billion, is making bigger moves to crack into the world of mobile video, media and entertainment in the U. Founded in 2012, the Beijing-based business has brought in VC funding from investors including Sequoia China and CCB International; it reached a reported valuation of $30 billion in December. ly in 2017, ByteDance has become the most valuable startup in the world with a value of $75 billion [3]. It was founded by Zhang Yiming in 2012 and the shared ownership given to its employees. Mar 31, 2020 · Bytedance’s valuation has reportedly risen to up to US$100 billion. TICKERS ASIA JD TC. May 28, 2020 · ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a Bytedance, whose $75bn valuation makes it the world’s biggest unlisted startup, has just teamed up with Shanghai Dongfang Newspaper Company, a state-run publisher. 6 Nov 2019 SHANGHAI -- ByteDance, the Chinese company behind wildly popular TikTok are skeptical of the company's often-cited $75 billion valuation. Sep 26, 2019 · Bytedance has a valuation of $75bn (£60bn), based primarily on the extraordinary growth of TikTok and its Chinese equivalent, Douyin. As the company is finding difficulties to justify its $75 billion valuations, it has either developed already new products or working on those which would put it in direct competition with global tech giants including Facebook, Amazon, Apple and Google. May 22, 2020 · Very huge: ByteDance is the Chinese tech conglomerate behind TikTok and other consumer AI apps. Mar 25, 2019 · Bytedance is said to have secured a $75 billion valuation in late 2018, making it the world’s most valuable startup -- though the figure isn’t used in the net worth calculation because the details haven’t been confirmed. The figures are impressive. Keywords: mobile internet, short video industry, in-feed ads The $100 billion valuation reflects expectations by investors that ByteDance will keep pulling in advertisers. 4 billion level at which it last raised money, the people said. Dec 24, 2019 · ByteDance's valuation surged through 2019 as its app gained international popularity. Aug 07, 2019 · ByteDance’s valuation has skyrocketed to more than $75 billion, making it the world’s most valuable startup. “The shares are in high demand. ByteDance valuation has risen at least a third to more than $100 billion (nearly Rs 7. For more information on ByteDance,  5 May 2020 TikTok (ByteDance) valuations: recent developments in focus. It owns a series of content platforms that enable people to connect with consuming and creating content through machine learning technology. ByteDance is, according to the media, the world’s most valuable startup, with suggestions of a $75 billion price tag doing the rounds. 字节跳动成立于2012年3月,目前公司的产品和服务已覆盖全球150个国家和地区、75个语种,曾在40多个国家和地区位居应用商店 The current valuation of the world's most valuable startup (ByteDance) is up more than 33 percent from about $75 billion two years ago, based on the recent change in price of its stock, the source said. Discount to Last Valuation > 40%. -based investors to raise $2. TikTok owner ByteDance valuation now exceeds $100 billion: report Duration: 04:45 5/20/2020 Yahoo Finance's Jennifer Rogers, Myles Udland, and Dan Roberts discuss ByteDance's new valuation. It still makes most of its income from the Chinese version of its app, Douyin, which  29 Mar 2019 ByteDance is one of the largest Internet companies in China. Is Bytedance a publicly-traded company? No, ByteDance is still privately held, meaning its shares are not available on the stock market yet. Yiming started several ventures prior to ByteDance, including Kuxun—then the dominant travel and transportation search engine in China, which was later acquired by TripAdvisor—as well as the real estate search portal 99fang. Bytedance has closed on a deal to occupy nearly 119,000 square feet at C3 at Culver Pointe, The Real Deal has learned. ByteDance's Offerings Beijing-based ByteDance was founded by former software engineer Zhang Yiming in 2012 to leverage artificial intelligence and mobile Internet to revolutionize the way people Nov 08, 2018 · A Chinese startup with a $75 billion valuation just became the latest technology company to bet on Culver City. Apr 11, 2018 · Bytedance: Celebrating innovation while apologizing for its political crimes. According to Statista, the digital media market is expected to grow from $38. Baidu, considered one of China’s major internet companies, had a market capitalization of just under USD 41 ByteDance is reportedly planning to go public this year. Private investors have valued it at as much as $78 billion. ’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of May 20, 2020 · TikTok Parent Company Receives Private Market Valuation of $100 Billion USD: Though the sales may not reflect the entire market, ByteDance has remained indisputably successful. In total, Bytedance has raised $4. According to the data from Tiancha, on Apr 22, 2019, Qijian Software (奇简软件), which is the parental company of Terark, has changed its shareholder structure. It got to the point of threatening WeChat. On Monday, ByteDance hired former Disney exec Kevin Mayer to become its COO and to lead TikTok. Tiger Global, rumoured to be one of the buyers in the secondary market, estimates that ByteDance will grab 19% of China's online advertising market this year, compared to the 4% of the market it captured in 2017. May 20, 2020. 2 billion fortune after founding ByteDance, the Chinese software developer behind TikTok. The company has not officially endorsed a plan to participate in an IPO. 8 Aug 2018 Founded by entrepreneur Zhang Yiming in 2012, Bytedance is targeting a valuation of between $70 billion and $75 billion in the latest  31 Mar 2020 The New York-based investment group began buying ByteDance's shares when the Chinese unicorn was valued at $37. ByteDance's current valuation of 75 billion USD is considered to be too high. CB Insights estimates Uber’s current value to be $72b Aug 08, 2018 · The Wall Street Journal first reported about Bytedance's latest fundraising round. ByteDance, the company behind TikTok, is changing that — and it could soon be one of the world's most valuable ByteDance at the time of writing has a $75 billion valuation. 5 billion and has since  13 Aug 2019 TikTok is owned by Beijing Bytedance, a Chinese company with a valuation of $78 billion, making it the world's most valuable start-up, at least  30 Aug 2019 We compared ByteDance to the rest of the world's top 10 biggest unicorns ( private companies with a valuation over $1 billion USD) over the  13 Sep 2019 ByteDance has a valuation of $78 billion ─ one of China's 86 “unicorns” in 2018. May 21, 2020 · ByteDance’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video Despite parent company ByteDance's rising valuation of nearly $110 billion, U. A new $3 billion round of investment led by SoftBank has crowned China’s Bytedance, owner of TikTok, the world’s most valuable startup. May 28, 2020 · ByteDance has had a fantastic 2019 generating $3bn of net profit on $17bn of revenues (Bloomberg) up more than 100% YoY largely due to its short video platform Douyin and TikTok. ByteDance does a lot more than just run TikTok — it also owns Toutiao, a massively popular news platform with 240 million downloads, as well as products like Xigua Video, TopBuzz and BuzzVideo. The company has strategic partnerships with Chinese  31 Mar 2020 Bytedance was valued at $75 billion in 2018 when investors including Softbank and General Atlantic injected around $3 billion into the company,  20 May 2020 ByteDance Ltd. Mar 09, 2012 · On March 30, Tiger Global Fund revealed in a letter to investors: Over the past 21 months, it bought low-priced equity in ByteDance. "I really doubt it would achieve that valuation in a public offering," an analyst at China's Guodu Securities said. May 20, 2020 · HONG KONG (May 20): ByteDance Ltd’s valuation has risen at least a third to more than US$100 billion (RM435. Founded: 2012 Headquarters: Beijing Valuation: $78 billion as of August 2019 Stock listing: Privately held ByteDance is often called the world’s most valuable startup. May 26, 2020 · TikTok Owner ByteDance Valued Over $100 Billion in Private Markets The owner of TikTok, ByteDance, is now valued at more than $100 billion based on recent private share transactions. Jun 23, 2020 · ByteDance valuation. Latest Valuation < $500M. Mar 31, 2020 · ByteDance has reached an implied valuation of between US$90 billion and US$100 billion in the secondary market, the FT reported, citing several people familiar with the transactions. 06 billion in 2018 to $42. ByteDance Ltd’s valuation has risen at least a third to more than $100bn in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video Nov 03, 2018 · A source with knowledge of the deal confirmed the round and also suggested that the value is pre-money, which, adding the round, would put ByteDance’s valuation at $78 billion. ByteDance Ltd’s valuation has risen at least a third to more than $100bn in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. A  28 Sep 2018 Bytedance, the creator of the news aggregator Jinri Toutiao, the video-sharing service Tik Tok and a fleet of other entertainment apps, is in  28 May 2020 ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much  22 May 2020 huge: ByteDance is the Chinese tech conglomerate behind TikTok and other consumer AI apps. S Best known for its video sharing app TikTok and news aggregating site Toutiao, ByteDance is the most valuable AI unicorn. In 2018, ByteDance's valuation rocketed to $75 billion. Now, if a ByteDance IPO does happen, early investors might cash out. haven’t made an official response yet either. May 20, 2020 · ByteDance’s valuation has risen at least a third to more than US$100-billion (R1. 3 b. Premium. The Founded in 2012 by entrepreneur Zhang Yiming, ByteDance reportedly has a private valuation of between $105 billion and $110 billion, which would make it the most valuable start-up in the world. It is reported that Tiger Global Fund initially invested in ByteDance at a valuation of $ 37. ByteDance’s TikTok, as well as its news aggregator, Jinri Toutiao, already serve ByteDance’s shares have reportedly been traded on the secondary market at a valuation of up to $100 billion. Oct 26, 2018 · The valuation would put Bytedance ahead of $72bn-valued Uber for now in a growing list of startups worth more than $1bn. and Tencent Holdings Ltd. Bytedance has closed on a deal to occupy nearly 119,000 square feet at C3 at Culver Oct 28, 2018 · Bloomberg, citing people familiar with the matter, reported late last week that ByteDance’s latest round of fundraising, which also included KKR & Co. The “startup” has a private market valuation  29 Mar 2020 Investors valued ByteDance at $75bn two years ago following a $3bn funding round led by the tech conglomerate SoftBank, making it the second  27 May 2020 ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much  27 May 2020 ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much  17 Jun 2020 ByteDance, the parent company of short-video app TikTok, generated The China-based company was most recently valued at $100 billion,  It has been widely reported that ByteDance last raised $3 billion in October 2018 at a post-money valuation of $75 billion. Stock in ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a larger global footprint and burgeoning games business, estimated Ke Yan, Singapore-based analyst with DZT Research. May 20, 2020 · ByteDance Ltd. ; Confidential sources told Bloomberg value of start-up has risen from $75 billion to Chinese Internet company Bytdance, whcih owns the TikTok app, is expanding into mobile search. Don't despair if you can't invest in some of your favorite apps. The Billion Dollar Unicorn club member is also expected to list this year. Bytedance valuation is $75 b,. ’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of May 31, 2019 · ByteDance, the Chinese company behind TikTok, the viral short video app, made headline news when its valuation jumped to $75 billion, surpassing Uber ($72 billion) to become the world’s most valuable start-up. Oct 28, 2018 · The valuation makes it the largest for a private start-up. List of ByteDance 's 5 Acquisitions, including Baikemy. This is based on the most recent $3 billion round of funding led by investor SoftBank Group, which doubled the valuation from the year prior — putting TikTok in the same neighborhood as footwear giant Nike by some measures of financial valuation. Aug 09, 2018 · Both apps are owned by the Chinese company Bytedance, which was last valued at $20 billion (and now is in talks to raise $3 billion at a valuation of $75 Billion). ByteDance, the parent company of internet sensation TikTok, has reportedly surpassed a $100 billion valuation. Yahoo Finance. 4 billion in a better-than-expected result for the first half, people familiar with the matter told Reuters. Nov 09, 2017 · China 's giant digital content aggregator, Bytedance is to acquire U. ByteDance was founded in 2012 by Zhang Yiming. In July, local media alleged that the company was pursuing a valuation of $45 billion. - Experience in building financial models to provide valuation guidance, evaluate leverage Jan 10, 2020 · But recent estimates place the value of TikTok’s parent company, ByteDance, at $75 billion. Bytedance's latest funding round in April 2019 was reported to be $1. That amount could change and there is no guarantee Bytedance will achieve its targeted valuation Congress Moves to Ban TikTok on All Government Devices – ByteDance Valuation Surging 22-05-2020 20:29 via digitalmusicnews. and other investors, letting the social media business outrank Uber with a $75 billion valuation. Oct 24, 2018 · And the final valuation remains unclear. ByteDance, the parent company of social media video app TikTok, has been hit with a lawsuit for allegedly violating child privacy laws and collecting data of the app’s young users. The most likely sale  30 Sep 2019 The Chinese giant is now said to be valued at around $75bn. According to Oct 30, 2018 · Reports are calling Bytedance, the Chinese media company known for video app TikTok, the world’s biggest privately backed startup, with a valuation that now surpasses Uber. and in India and is now seeking to expand Australian and European teams to broaden its international reach, the people said. Bytedance also operates a series of products popular with mobile users around the world, including TikTok, Topbuzz, Flipagram and a number of UGC short-form video apps. Although winter is coming, ByteDance has attracted lots of investors. Nov 19, 2019 · Both the FT and WSJ reported ByteDance was aiming to IPO sometime next year, which ByteDance also denied to both outlets. Nov 10, 2017 · Now the Beijing-based company, with a valuation said to be in the neighborhood of $20 billion, is making bigger moves to crack into the world of mobile video, media and entertainment in the U. ByteDance hit a valuation of $75 billion May 20, 2020 · Staff@The Tech Portal Riding high on TikTok’s controversial yet surging popularity, the app’s parent company Bytedance has reportedly crossed the $100Bn mark in valuation, according to a May 21, 2020 · ByteDance had disclosed in its last major funding round more than two years ago that its private valuation had reached about $75 billion. Despite the fact that the TikTok acquisition of the U. TikTok was created by ByteDance, a China based internet technology company, in 2017 as an internationalequivalent to a video-based application called Douyin. TikTok is a Chinese company, which offers short-form mobile videos. The Guardian also reported that TikTok took the unusual May 27, 2020 · ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a May 21, 2020 · May 21, 2020Asia PacificDaily NewsTop Stories ByteDance’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. ByteDance is an investment unicorn and one of the highest valued startups in the world. This morning, Bytedance, the owner of popular karaoke video app TikTok and huge  29 Oct 2018 Bytedance, the Chinese firm that owns short video sharing app TikTok, has been valued as the world's largest internet startup following a new  ByteDance, which is currently one of the world's most valuable unicorns, Valued by several sources at $78 billion last year, the seven-year-old startup is . ByteDance is a China-based mobile application developer responsible for wildly popular apps including Toutiao and TikTok. Army and Navy TikTok ban, Congress is now seeking to ban TikTok on all government devices. Yin Ai, a Bytedance spokeswoman, declined to comment on Zhang’s wealth or the ownership structure. It would also give Bytedance financial heft With Moderna rallying on hopes that a vaccine is successful, market conditions remain volatile. ly, the companies confirmed on Friday in Asia. What to watch for: When ByteDance’s music streaming service actually launches. May 27, 2020 · Bytedance, the China-headquartered owner of TikTok (and TikTok’s equivalent app in Greater China, Douyin) generated more than $17bn in revenues in 2019, according to a revelatory new report by Bloomberg – in addition to over $3bn in annual net profit. ByteDance's valuation has risen at least a third to more than US  The company was valued at $78 billion and is considered one of the most valuable unicorns in the world. May 05, 2020 · Its valuation is more well-known than many of the world's most valuable private companies because of a recent funding round that, in the midst of a pandemic, valued the company at $36 billion. Determining the exact figure is tricky, considering that it is privately-owned. More precisely, the $75 billion valuation ByteDance is seeking would put it ahead of Baidu as China’s third biggest internet company, behind only the much larger Alibaba Group Holding Ltd. The leading investors including Softbank China Venture Capital, Primavera Capital Group, and KKR & Co. The company recently raised money at a $75 billion valuation, more than double its previous valuation and higher than Uber’s most recent valuation of $72 billion. May 20, 2020 · [HONG KONG] ByteDance's valuation has risen at least a third to more than US$100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. How much is Tik Tok worth? With all of the above achievements and much more, there have been plenty of questions surrounding ByteDance valuation as well as Tik Tok net worth. 30 b in total funding. “They must have invested,” sources told 36Kr. Bytedance's latest valuation is reported to be $75 b. Visual China Group via Getty Images; Ruobing Su/Business Insider Zhang Yiming built a $16. Tik Tok logos seen on smartphones in front of a ByteDance logo in this illustration taken November 27, 2019. Bytedance was targeting a valuation of between 70-75 billion dollars in the latest fundraising, according to Reuters. Also, TikTok in China, which is its largest market, is popular with everyone, young and old. ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a ByteDance is the world's most valuable unicorn startup with a valuation of US$75 Billion. Oct 29, 2019 · It was reported to have joined the latest funding round that boosted ByteDance’s valuation to overtake Chinese ride-hailing company Didi as the world’s most valuable startup. Aug 15, 2018 · Beijing Bytedance, best known for its Toutiao news app and Douyin short-video platform, is targeting U. Uber is planning a flotation next year that could value the company at $120bn. 36Kr is KrASIA’s parent company. Bloomberg reports the company has closed a round of funding from SoftBank and other investors totaling $3b, with a valuation of $75b. 20 to 40%. May 20, 2020 · TikTok owner ByteDance valuation now exceeds $100 billion: report. (Chinese: 字节跳动; pinyin: Zìjié Tiàodòng) is a Chinese multinational internet technology company headquartered in Beijing. 4bn that Bytedance turned over in 2018. ByteDance will choose whether to raise equity or debt Jun 20, 2019 · ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps. Bytedance has raised $4. ByteDance Ltd. ByteDance also owns Duoyin, the Chinese version of TikTok, and Toutiao, a news service. 4 billion) in a better-than-expected Sep 30, 2019 · China's ByteDance, owner of video-sharing app TikTok, booked revenue of $7 billion to $8. Some recent private share Curated list of startups that evolved into $1 billion+ corporations. There's been speculation over a ByteDance initial public offering in Hong Kong or mainland China. Founded in 2012, Bytedance is a Chinese tech company that came out of nowhere to become one of the world’s most-talked-about startups: In December 2017, it raised funds with a valuation of $30 billion. Sep 25, 2019 · Bytedance has a valuation of $75bn (£60bn), based primarily on the extraordinary growth of TikTok and its Chinese equivalent, Douyin. May 20, 2020 · ByteDance’s valuation has risen at least a third to more than US$100 billion in recent private share transactions, people familiar with the matter say ByteDance reached this valuation after a round of private investing in 2018. If you type “TikTok” on YouTube, you might also find some of the videos that invaded it. The company, which commands a secondary private market valuation of about $110 billion, owns and operates popular short-form mobile video app TikTok and social media platform Helo apps. The Beijing-based tech behemoth behind popular apps TikTok and Jinri Toutiao is now considered the world’s most valuable startup. government has launched a national security review of Beijing-based ByteDance, TikTok&#039;s parent company, accordin Aug 08, 2018 · Bytedance was seeking a $10 billion valuation in a late 2016 funding round, sources familiar with the fundraising said at the time. 's valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of Jan 09, 2020 · Best known for its video sharing app TikTok and news aggregating site Toutiao, ByteDance is the most valuable AI unicorn. it/2fGu5Bb About Yahoo The ByteDance (TikTok) IPO signals a renewal of the big-name listings that seemed to be on the wane following the rather disastrous public offerings of stock in the likes of Uber and Lyft. 18 Apr 2020 Founded by a Chinese computer scientist, Zhang Yiming, in 2011, it is now the world's biggest unlisted technology “unicorn”, recently valued at  Douyin as well as ByteDance's value based on comparable company analysis. One Wall Street source said he expects ByteDance to launch a new financing round and a parallel loan package at a $125 billion valuation. In just two years, TikTok has emerged to rival companies like Oct 30, 2019 · ByteDance, according to Reuters, has a valuation of $78 billion and generated more than $7 billion in revenue for the first half of this year. 3Bn worldwide and was projected to generate $70Bn USD of revenue in 2018. The Smartisan Nut Pro 3 is a well-specced handset available now priced at around $400. social media app TikTok - Make Your Day was completed two years ago, the U. May 01, 2020 · ByteDance’s renewed push for online education coincides with a national spike for online schooling caused by the Covid-19 pandemic. Global short-form video app TikTok has risen to prominence in the last couple of  20 May 2020 TikTok Parent Company Receives Private Market Valuation of $100 Billion USD: Though the sales may not reflect the entire market, ByteDance  20 May 2020 ByteDance, which has a potential valuation of $US75 billion ($115 billion) based on its last funding round, may chafe at this comparison. 8-trillion) in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the Covid-19 pandemic. Oct 18, 2018 · Chinese social media apps have struggled to win over users beyond their home turf. 's valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the  TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion, according to a report from  27 May 2020 ByteDance has been reported to have a valuation over $100 billion and as high as $180 billion. Skip to main Nov 08, 2016 · The new valuation target of more than $10 billion, including the fresh funds for Beijing Bytedance, is a sign of the company’s rapid progress after it was valued at just $500 million in June 2014. The valuation is for TikTok's parent company ByteDance which has a large number of products and investments including a really popular news aggregation app in China. English (US) Oct 29, 2019 · Tiktok owner Bytedance denies having immediate plans for Hong Kong listing Anna Menin An AFP collaborator poses for a picture using the smart phone application TikTok on December 14, 2018 in Paris. Bytedance Valuation & Funding. PE, VC-backed Bytedance could hit $75bn valuation through investment round – report August 9, 2018 Beijing-based Bytedance Technology is reportedly aiming to raise around $3bn in a funding round which could push its val Sorry, you need to subscribe to read this article. Not just India, around the world, today more and more people are turning to their smartphones for entertainment, information and more, and one company that is making the most of this trend is 'ByteDance'. Oct 31, 2018 · That could well be the message playing soon if the hot startup known as ByteDance Ltd. 's valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers despite the covid-19 pandemic. 01 Last Round Nov 14, 2019 · • ByteDance Ltd. Representatives are seeking to ban TikTok on all government devices. On November 9, 2017, ByteDance acquired social media start-up Musical. Many are outside China. More than just content, she was the Lead Strategist across APAC at Hogarth Worldwide - a WPP production Mar 09, 2012 · On March 30, Tiger Global Fund revealed in a letter to investors: Over the past 21 months, it bought low-priced equity in ByteDance. ByteDance's core product, Toutiao ("Headlines"), is a content platform in China and worldwide. (Chinese: 字节跳动; pinyin: Zìjié Tiàodòng) is an Chinese Internet technology company headquartered in Beijing which owns Toutiao and TikTok. Stock in the world’s most valuable startup has changed hands recently at a price that suggests its value has risen Valued at $75 billion, Beijing-based Bytedance is at the TOP in the list of the most successful unicorns in the world for 2019. This year, the Beijing-based giant hired executives to head up its business in the U. The $100 billion valuation reflects expectations by investors that ByteDance will keep pulling in advertisers. Oct 29, 2019 · A Bytedance IPO would be a big deal: when the company raised a $3bn funding round in October 2018, its valuation was reportedly $75bn (the equivalent, at the time of writing, of nearly three Spotifys). Mar 25, 2020 · The company is seeking funds from new investors at a valuation of just $400 million, compared with the $2. And if it Aug 08, 2018 · Fast-growing Bytedance runs China’s popular news feed Jinri Toutiao and short video platform TikTok, which was also the world’s most downloaded app in the first quarter. Markets data delayed by at least 15 minutes May 27, 2020 · ByteDance could fetch a valuation of between $150 billion and $180 billion in an initial public offering, a premium relative to sales of as much as 20% to social media giant Tencent thanks to a A Chinese startup with a $75 billion valuation just became the latest technology company to bet on Culver City. Nov 30, 2018 · With funding from the likes of SoftBank and Sequoia Capital driving the valuation so high, Bytedance won’t have many options other than to eventually file an IPO if it ever wants to raise more May 20, 2020 · ByteDance Ltd. gets the valuation it’s seeking in a new funding round that’s all the talk in Chinese cyberspace. Bytedance Valuation in Private Markets Exceeds $100 Billion - Pandaily TikTok and Douyin owner Bytedance's valuation has risen more than 33% from around two years ago to more than $100 billion. ByteDance’s valuation hit $75bn in October 2018 when it closed a $3bn funding round led by SoftBank, doubling its worth from a year earlier. Toutiao could lay claim to 120 million daily active users (as of September 2017), and is alone valued at $20 billion. The company is now the world's most valuable startup, according to Bloomberg, but tensions between the US and Oct 28, 2019 · Speculation that ByteDance is gearing up for an IPO started last year when it closed a $3 billion funding round that put its valuation between $75 billion to $78 billion, making it the world’s The company's valuation has risen at least a third to more than $100 billion in recent share transactions. Oct 26, 2018 · TikTok owner sails past Uber’s valuation. 5 to $3 billion that would value the firm between $70 to $75 Yiming Zhang is the founder and CEO of ByteDance. -based social video app Musical. With additional reporting by Zhang Yuxin in Beijing. In July, it said that it had no intentions and made no arrangments to go public. bytedance valuation

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