Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Photo: Reuters

Tiger Global Management has built up a stake in TikTok-owner ByteDance, FT reports

  • ByteDance has reached an implied valuation of between US$90 billion and US$100 billion in the secondary market, the FT reported
  • ByteDance is facing a US national security inquiry into TikTok's handling of user data amid increased scrutiny of Chinese tech firms by Washington
Topic |   TikTok app
Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Photo: Reuters
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