The logo of TikTok’s parent company ByteDance, seen above a booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing on February 10, 2022. Photo: Reuters
The logo of TikTok’s parent company ByteDance, seen above a booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing on February 10, 2022. Photo: Reuters
ByteDance

TikTok owner ByteDance starts stock option buy-back, offering employees a higher price amid dim IPO prospects

  • The company priced the buy-back at US$155 per unit for current staff, up from US$142 in an April repurchase
  • ByteDance has also rebranded its Douyin business unit with a new logo in an effort to distinguish the unit’s broader offerings from the Douyin app

The logo of TikTok’s parent company ByteDance, seen above a booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing on February 10, 2022. Photo: Reuters
The logo of TikTok’s parent company ByteDance, seen above a booth during an organised media tour to the Zhongguancun National Innovation Demonstration Zone Exhibition Center in Beijing on February 10, 2022. Photo: Reuters
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