4 ms·

TikTok to Be Sold for $14B

• dtagames 1y ago
  https://archive.ph/liCHu https://archive.ph/liCHu
• jfengel 1y ago
  That seems like a steal, given that other major social media companies are pushing the trillion-dollar range.
• arthurcolle 1y ago
  is this the most transparent form of grift ever seen? TikTok valuation must be upwards of $60B+
  • Antibabelic 1y ago
    Not all of TikTok, only the American stuff.
    • clearindigo 1y ago
      Bytedance was recently valued at $330B. $14B is ridiculous.
• yomby 1y ago
  This is only for TikTok US, which represents about 4% of their user base, but around 36% of their revenue. 45% of adults in the US are active users of TikTok, so it is still a bargain.
  • willahmad 1y ago
    according to some sources TikTok US generates $10B. 14B for 10B revenue is a steal. Snapchat generates less revenue (~6-7B), with stalled growth, costs 14B in public markets
    • yomby 1y ago
      Crazy! They'll eventually take it public and make at least 10x on that IPO
• amai 1y ago
  Funny, TikTok is banned in China: https://en.wikipedia.org/wiki/Censorship_of_TikTok https://en.wikipedia.org/wiki/Censorship_of_TikTok