ByteDance's AI Business Helps Boost Valuation Past $400 Billion Even As US TikTok Business Risks Loom

Quick Summary:

SoftBank's Vision Fund has also revised its valuation to exceed $400 billion, factoring in the growth potential of ByteDance's AI business, Doubao, reported Bloomberg, citing people familiar with the matter.

ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Fidelity, and T.

What Happened: At least three major investors have marked up ByteDance's valuation, with Fidelity estimating it at more than $410 billion and T.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets: United States

Topics: DeepSeek SFTBY TROW Tech News US74144T1088 Benzinga neuro Doubao ByteDance Consumer Tech JP3436100006 TikTok Media SFTBF Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 03:51:40 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26363180

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions