💨 Abstract

ByteDance, the parent company of TikTok, is offering to buy back shares from U.S. employees at a higher valuation than six months ago, indicating a recovery from a previous valuation drop. The offer price of $189.90 per share could value ByteDance at around $315 billion. Despite the ongoing threat of a U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖