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ByteDance, owner of TikTok, sets valuation over $330 billion amid U.S. regulatory pressures.
ByteDance, the owner of TikTok, has set its valuation at over $330 billion, showing significant growth in revenue.
The company is offering employees $200.41 per share in a repurchase program, a 5.5% increase from six months ago.
Despite its valuation as the world's largest social media company by revenue, ByteDance faces political pressures and regulatory risks in the U.S. due to its Chinese ownership.
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ByteDance, dueño de TikTok, establece una valoración de más de $ 330 mil millones en medio de las presiones regulatorias de los Estados Unidos.