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ByteDance's plans for a future initial public offering (IPO) could be impacted by any transaction, with the company valuing itself at $300bn in a recent share buyback.
ByteDance’s planned IPO faces new hurdles as U.S. lawmakers escalate scrutiny over teen safety. The feature challenges Snap Inc. SNAP but lacks its robust safety measures, internal sources suggest.
However, money tends to find a way, and a ByteDance IPO could raise significant capital to help the company with its expansive growth plans soon. How to buy ByteDance shares if the company lists If ...
Turo on Thursday withdrew its plans for an IPO, ending a three-year wait to bring the online car-sharing network to the public marketplace, according to a regulatory filing.
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial ...
In late 2023, ByteDance offered to repurchase stock from shareholders for $160 per share, valuing the company at $223.5 billion. It paid $170.81 per share in another buyback offer in early 2024 ...
Indeed, ByteDance’s plan to invest $7 billion to secure Nvidia chips shows that the demand for large datacenters is still there while also demonstrating that companies can use clever tactics to ...
ByteDance has ordered more than 100,000 Ascend 910B chips this year but has received fewer than 30,000 as of July, a pace too slow to meet company needs, one of the people said.
TikTok’s parent company ByteDance Ltd. reportedly has a plan to get around tough U.S. restrictions on the export of advanced computer chips to China.. The company is said to be planning to spend ...
Cyber Vendor Netskope Plans 2025 IPO. Cloud-security company is making plans for a public offering if investor appetite remains high. By James Rundle. Oct. 30, 2024 2:13 pm ET | WSJ Pro.
Zinger Points: TikTok is developing photo messaging despite internal warnings about potential sextortion risks, according to leaked documents. ByteDance’s planned IPO faces new hurdles as U.S ...
ByteDance’s planned IPO faces new hurdles as U.S. lawmakers escalate scrutiny over teen safety. The feature challenges Snap Inc. SNAP but lacks its robust safety measures, internal sources suggest.