TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports

Q: How long will it take to read this news story?

The story "TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports" has 293 words across 14 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports" was covered 2 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 9 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23617219</li><li>URL: https://beamstart.com/news/tiktok-parent-bytedances-valuation-hits-1731777288</li></ul>

Channel News Asia Logo Channel News Asia 2h ago

TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports - Channel News Asia

Quick Summary:

TikTok's Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant's popular TikTok app faces the prospect of a looming ban in the U.S.

FILE PHOTO: The ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023.

Both TikTok and ByteDance did not immediately respond to a Reuters request for comment.