ByteDance valued at $550 bln in proposed share sale: sources
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YahooReuters Videos
ByteDance valued at $550 bln in proposed share sale: sources
\nSTORY: Two sources say investment firm General Atlantic is selling an equity stake in ByteDance in a deal that values the Chinese social media giant at $550 billion.\nIt marks a dramatic 66% jump in value in the privately held shares since a share buyback last year priced the company at more than $330 billion.\nThe potential stake divestment ...
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