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In 2021, China's government bought a 1% stake in the main domestic unit of TikTok owner ByteDance. The ownership stake came up in a recent congressional hearing as US lawmakers weigh a TikTok ban.
ByteDance Ltd., the parent of short-video hit TikTok, is planning to lower the price of its stock options to retain employees after a sharp downturn in technology valuations over the past year.
BEIJING, Oct 12 (Reuters) - TikTok's Chinese owner ByteDance is initiating a second stock option buyback for employees this year at a higher price than the previous one to try and motivate staff ...
The popular short-form video app is owned by the Chinese company ByteDance, which doesn't trade publicly on any stock exchanges. But there's a way to get a piece of the action in one of the world ...
ByteDance, the parent company of TikTok, has launched a new stock buyback program offering US employees $189.90 per share, Reuters reported Tuesday, citing sources familiar with the matter. The ...
Tencent (OTCPK:TCEHY), Alibaba (NYSE:BABA), and ByteDance (BDNCE) have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI ...
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