TikTok owner ByteDance’s valuation hits $480bn after share sale (report)

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Seven bidders participated in an auction that pushed TikTok's valuation up by 45% from the initial price of up to $360 billion.

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source https://www.musicbusinessworldwide.com/tiktok-owner-bytedances-valuation-hits-480bn-after-share-sale-report/

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