The logo of ByteDance, the China-based company which owns the short video apps TikTok and Douyin, is seen at its office in Beijing, China, on July 7, 2020. Photo: Reuters
exclusive | ByteDance raises stock-option offer for employees amid talk of Hong Kong IPO, sources say
- Valuation of the Chinese owner of TikTok has surged over the past 12 months
- The Beijing-based start-up, currently the world’s highest-valued unicorn, has reportedly set in motion a Hong Kong IPO
The logo of ByteDance, the China-based company which owns the short video apps TikTok and Douyin, is seen at its office in Beijing, China, on July 7, 2020. Photo: Reuters