The Chinese Tiktok company is worth more than US $ 300,000 million and dominates the social networks sector.
Bytedancethe company behind Tiktokwill launch a new program of repurchase for employees that will assess the company in More than US $ 330,000 million. The offer, of US $ 200.41 per share, implies an increase of 5.5% compared to the repurchase six months ago, when the firm was valued at $ 315,000 million.
The operation comes in a Moment of strong financial growth. In the second quarter, Bytedance’s revenues increased 25% year -on -year, reaching US $ 48,000 million, mainly driven by the Chinese market and the strength of digital advertising on Tiktok.
The social media company continues to grow
In the first quarter, The company had already overcome Platforms goalowner of Facebook and Instagram, generating more than US $ 43,000 million, compared to US $ 42.3 billion of the US firm. With these results, Bytedance was consolidated as the largest social media company in the world in income.
Periodic repurchases allow their employees to monetize participations in the absence of an IPO. Unlike other private technological companies such as Spacex or OpenAi, which usually resort to external investors to finance these programs, Bytedance uses their own balance, which reflects its financial strength and healthy margins.
The company also advances like One of the main artificial intelligence actors in Chinaafter investing billions in infrastructure, Nvidia chips and the development of their own models.
Tiktok
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In this way, the Tiktok matrix is already bigger than many of the world’s most famous corporations.
For example, It is worth more than Chevron (US $ 321,000 million), Coca-Cola (US $ 295,000 million)LVMH (US $ 290,000 million), Alibaba (US $ 290,000 million), General Electric (U $ 289,000 million), AMD (US $ 271,000 million), Wells Fargo (US $ 265,000 million) and many others.
Tiktok, in the sights
Nevertheless, Bytedance continues under pressure in the US. The Congress requires that Tiktok assets sell in the country before September 17, 2025, recently extended by President Donald Trump, under a threat of a national prohibition of the application, which has 170 million US users.
The president said that there are interested buyers and did not rule out new postponements, which generated criticism of legislators who accuse the White House of softening national security concerns.
If the sale is specified, Tiktok would go to a consortium of US investorsincluding Susquehanna International Group, General Atlantic, KKR and Andreessen Horowitz, while Bytedance would maintain a minority participation.
The new repurchase also seeks to reinforce internal morals, especially among Tiktok teams in the US, restless for the future of the social networks platform amid political and regulatory tensions.
Source: Ambito
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