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ByteDance's AI Business Helps Boost Valuation Past $400 Billion Even As US TikTok Business Risks Loom
Sunday, February 23, 2025 - 11:51pm | 554ByteDance Ltd., the owner of TikTok, has reportedly seen its valuation climb past $400 billion, driven by major investors like SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Fidelity, and T. Rowe Price (NASDAQ:TROW). What Happened: At least three major investors have marked up ByteDance's valuation, with...