Sources: ByteDance is offering to buy back up to $5B worth of shares from existing investors at $160 per share, which puts the company's valuation at $268B (Zhou Xin/South China Morning Post)

December 6, 2023

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Zhou Xin / South China Morning Post:

Sources: ByteDance is offering to buy back up to $5B worth of shares from existing investors at $160 per share, which puts the company’s valuation at $268B — Beijing-based ByteDance, the owner of TikTok, is offering to buy back up to US$5 billion worth of shares from existing investors …

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