The headquarters of ByteDance, the parent company of video sharing app TikTok, is seen in Beijing. Photo: AFP
The headquarters of ByteDance, the parent company of video sharing app TikTok, is seen in Beijing. Photo: AFP
Start-ups

ByteDance overtakes Ant Group as the world’s most valuable unicorn, Hurun rankings show

  • ByteDance has a valuation of US$350 billion compared with Ant Group’s US$150 billion
  • Of the 1,058 unicorns globally, China had 301 start-ups versus 487 in the US

Topic |   Start-ups
The headquarters of ByteDance, the parent company of video sharing app TikTok, is seen in Beijing. Photo: AFP
The headquarters of ByteDance, the parent company of video sharing app TikTok, is seen in Beijing. Photo: AFP
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