TikTok Owner’s Value Exceeds $100 Billion in Private Markets
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 despite the Covid-19 pandemic.
Comment: This is absolute bullshit and no with a brain should believe it. This company is probably going to be driven into the ground by a group that has shills and others in place. This is also what China is worried about and this is why Xi and Trump will be talking about naked short selling soon.
