Skip to content
Subscriber Only
Technology
Deals

TikTok Owner’s Value Exceeds $100 Billion in Private Markets

  • Private trades valued it from $105 billion to $140 billion
  • ByteDance seeks to build out its U.S. business before an IPO
ByteDance has grown into a potent online force in recent years, propelled in part by a TikTok short video platform that’s taken U.S. teenagers by storm.

ByteDance has grown into a potent online force in recent years, propelled in part by a TikTok short video platform that’s taken U.S. teenagers by storm.

Photographer: Shiho Fukada/Bloomberg
Updated on

Sign up for Next China, a weekly email on where the nation stands now and where it's going next.

ByteDance Ltd.’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers.