TikTok’s parent company ByteDance plans to spend $5 billion buying back stock from shareholders. This will bring its valuation to $268 billion.
As per recent reports, ByteDance, the parent company of TikTok, plans to spend about $5 billion buying...
The report comes at a time when the Chinese regulatory authorities are imposing strict measures on local tech companies over concerns of data security.Short video-streaming app TikTok’s parent company ByteDance is preparing for an IPO in Hong Kong...