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BYTEDANCE FUNDRAISE
HSG's continuation fund to value ByteDance at up to $370 billion: ReportHSG, formerly Sequoia Capital China, is reportedly launching a new fund. This fund is expected to buy some of its shares in TikTok's parent...
Ant group’s early investor Primavera closes fourth fund at $4 billionThe fundraising by Primavera, which invests primarily in China but has diversified into Southeast Asia and North America over the years, co...
TikTok to verify political accounts in US, ban campaign fundraisingThe move comes as TikTok, owned by China's ByteDance, and other social media platforms are working to clamp down on political misinformatio...
Asian unicorns are trading 40% cheaper in private marketsThe affected billion-dollar companies range from financial technology and e-commerce to mobility and consumer, according to AJ Patel, a sen...
Tiktok parent Bytedance exits VerSe at 56% discount in secondary share saleByteDance, which first invested in VerSe Innovation in 2016, has sold its stake to the company’s existing investors– Ontario Teachers Pensi...
ByteDance said to be in talks to borrow up to $3 billionTikTok owner ByteDance plans to take advantage of currently low-interest rates to repay its debt, however, terms and the loan size are stil...
TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
TikTok-owner ByteDance to rake in $27 billion in ad revenue by year-end-sourcesThe company's overall revenue goal for 2020 is around $30 billion, Reuters previously reported, which means ByteDance's ad revenue in China...
Donald Trump celebrates TikTok deal that falls short of his key demandsTrump said he wanted the U.S. part of the business owned by an American company. But China’s ByteDance Ltd. remains the majority shareholde...
Trump says Oracle close to TikTok deal as ByteDance aims for majority ownershipPresident Donald Trump said on Tuesday he had heard Oracle Corp was very close to a deal over ByteDance's TikTok, even as sources said the ...
How ByteDance's CEO Yiming Zhang balked at selling TikTok's U.S. businessChina's opposition to a forced sale of TikTok, as well as concerns by major ByteDance backers such as Sequoia and General Atlantic over the...
Combative TikTok founder, Zhang Yiming, races to save appA more dramatic alternative would be for Zhang to separate ByteDance in China and abroad. In theory, he could set up a global headquarters ...
ByteDance, the world’s most valuable startup, weighs selling TikTokA TikTok stake sale would likely push back any initial public offering for ByteDance. The company has considered an IPO in the US or Hong K...
Carlyle Group in talks to invest $45 million in DailyHuntThe capital raised by DailyHunt also comes at a time when the company has begun to face stiff competition from the likes of ByteDance, the ...
TikTok owner to start music service, secures rights from T-Series, Times MusicPaid music services have boosted music sales across the world, and are now the single largest source of revenue for the global record busin...
World's most valuable startup takes a hit from China's slowdownThe company told investors to expect revenue of 50 billion ($7.4 billion) to 55 billion yuan during its most recent fundraising.
ShareChat drags Bytedance to court over copyright rowBesides mentioning of ad-words ‘ambushing’, ShareChat in its submissions on Friday also alleged that Helo was a “complete copy” of its prod...