{"id":877744,"date":"2024-11-18T07:48:27","date_gmt":"2024-11-18T02:18:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=877744"},"modified":"2024-11-18T08:14:35","modified_gmt":"2024-11-18T02:44:35","slug":"tiktok-parent-bytedances-valuation-hits-300-billion-sources-say","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/18\/tiktok-parent-bytedances-valuation-hits-300-billion-sources-say\/","title":{"rendered":"TikTok parent ByteDance\u2019s valuation hits $300 billion, sources say"},"content":{"rendered":"<p>(Reuters) -TikTok&#8217;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. <\/p>\n<p>ByteDance reached out to investors in recent weeks, offering a price of $180.70 per share, the people said. <\/p>\n<p>The current offer price is an increase of 12.9% from the per share price of $160 in their last buy back program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -TikTok&#8217;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 reached out to investors in recent weeks, offering a price of $180.70 per share, the people said. The current offer price is an increase of 12.9% from the per share price of $160 in their last buy back program.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,4,56],"tags":[],"class_list":["post-877744","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=877744"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877744\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=877744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=877744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=877744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}