Wall Street Journal:

Sources: ByteDance plans a buyback from employees that values itself at $223.5B, down 26% YoY; last year it made $20B+ in operating profit but saw revenue slow  —  Social-media company reported an operating profit of more than $20 billion as its valuation fell by about 26%

Wall Street Journal:

Sources: ByteDance plans a buyback from employees that values itself at $223.5B, down 26% YoY; last year it made $20B+ in operating profit but saw revenue slow  —  Social-media company reported an operating profit of more than $20 billion as its valuation fell by about 26%

Source: TechMeme
Source Link: http://www.techmeme.com/231002/p15#a231002p15