TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters.

ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall

TikTok parent ByteDance Ltd. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular social-media app’s presence in the US,

ByteDance, the parent company of popular social media app TikTok, has now reached a valuation of about $300 billion. The company hit the milestone after a recent share buyback offer, The Wall Street Journal reported. The news comes amid continued uncertainty over possible US restrictions on TikTok's operations.

NEW YORK - TikTok’s Chinese parent company ByteDance is valuing itself at about US$300 billion (S$400 billion) after a recent buyback offer, the Wall Street Journal reported on Nov 16, even as the tech giant’s popular TikTok app faces the prospect of a looming ban in the US.

The valuation came in a recent buyback offer by ByteDance, the Journal said, citing unidentified people with knowledge of the matter.

The TikTok parent in recent days told investors it was looking to buy back shares at about $180 a share, the newspaper said. ByteDance investors have viewed President-elect Donald

TikTok's Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant's popular TikTok app faces the prospect of a looming ban in the U.

Investors see Trump victory as a positive with the threat of TikTok ban looming in U.S.

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