The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP
The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP
TikTok
Tech /  Enterprises

TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai: sources

  • A stand-alone listing could value the China business at more than US$100 billion in Hong Kong or on Shanghai’s Nasdaq-style STAR Market, according to two sources
  • Plans may also be complicated by some heavyweight ByteDance investors looking to take over TikTok at a valuation of US$50 billion

Topic |   TikTok
Reuters
Reuters

Updated: 3:54pm, 31 Jul, 2020

Why you can trust SCMP
The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP
The ByteDance logo is seen at the entrance to its office in Beijing on July 8, 2020. Photo: AFP
READ FULL ARTICLE