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BYTEDANCE STOCK BUYBACK
Elon Musk becomes first person to hit $500 billion in net worth: All you need to knowElon Musk became the first person with a net worth of $500 billion, driven by Tesla’s stock rebound and the rising value of his ventures, i...- Musk says xAI is not raising capital after CNBC report on $10 billion fundingElon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion v...
- TikTok may get $330-billion valuation in new share buybackByteDance, the parent company of TikTok, is planning a new employee share buyback, valuing the company at over $330 billion. This decision ...
- Alibaba approves an additional $25 billion share buyback as its revenue disappointsAlibaba posted a 5% increase in sales to 260.3 billion yuan ($36.67 billion) in the quarter that ended in December, slightly missing analys...
- TikTok owner ByteDance offers to buy back shares from staff at $160 apieceThe price per restricted stock unit is in line with an offer it made to current and former US employees in October, according to a report w...
- TikTok parent ByteDance's valuation slumps to $223.5 billion in stock buyback: reportChinese company ByteDance is reportedly buying back shares from its U.S. employees at a valuation of $223.5 billion, down 26% from the prev...
- TikTok parent ByteDance to allow US staff to cash out on shares: reportThe move is aimed at appeasing restless employees who have been waiting for an initial public offering to profit from the shares they have ...
- SoftBank posts $7.18 billion annual loss as Vision Fund slides furtherJapan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fun...
- Cred continues fintech consolidation; Dailyhunt parent sacks 150 employeesDays after we reported that digital payments major PhonePe was set to acquire buy-now-pay-later platform ZestMoney, India’s fintech sector ...
- TikTok owner ByteDance increases price of share buyback for staff -sourcesThe higher price is aimed at motivating employees by helping them monetise their holdings, the sources said
- ByteDance to spend up to $3 bln to repurchase shares from investorsThe company's board will put the proposal, which values its shares at up to $176.9 apiece, to its shareholders at the end of this month and...
- ByteDance to spend up to $3 billion to repurchase shares from investorsThe exercise is mainly aimed at helping some of its shareholders improve their liquidity positions, a person with direct knowledge of the p...
- The rise of BNPL amid regulatory ambiguityWith the growing number of 'buy now, pay later' transactions comes the regulatory scrutiny from the Reserve Bank of India.
- Cloudtail India to shut down in May 2022In today's Top 5: Amazon India's biggest seller is halting operations from next May, UpGrad is joining the startup unicorn club, and Paytm ...
- How Nykaa's IPO is different from other startups'This is not your typical, hyper funded consumer internet startup, as everything about it is different when compared to the other tech IPO c...
- A tale of two IPOsIn today's ETtech Morning Dispatch: Mobikwik files for IPO while Paytm gets shareholders nod for IPO, Flipkart's valuation jumps to $37.6 b...
- Raining unicornsIn today's ETtech Morning Dispatch newsletter: Pharmeasy and Cred are the newest entrants of India's startup unicorn club, BPM firms see hi...
- Cred ArmyFrom Cred becoming India's latest startup unicorn, Clubhouse rolling out monetisation for creators and Bytedance receiving a temporary reli...
- SoftBank’s Masayoshi Son and Alibaba’s Jack Ma part waysWhile the departures are unlikely to have an impact on either company, they mark the end of an era.
- After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrowsThe Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation...
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