TikTok parent ByteDance's valuation hits $300 billion, sources say
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:TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters. ByteDance reached out to investors in recent weeks, offering a price of $180.70 per share, the people said. The current offer price is an increase of 12.9 per cent from the per share price of $160 in their last buy back program. The news about the valuation was earlier
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