ByteDance valuation under huge pressure as TikTok sale nears

As it reached an estimated valuation of $100 billion this year, TikTok’s parent company ByteDance solidified its status as the most valuable startup in private markets. Its success outside China has also become a source of envy and inspiration among its local peers. Now, the company’s price tag is under tremendous pressure as it’s set … Continue reading ByteDance valuation under huge pressure as TikTok sale nears