Bloomberg has evaluated data from reports of affiliated companies such as Fidelity or T. Rowe Price and found that investors in ByteDance, the parent company of TikTok, have recently valued the company at around 4.1-4.5 trillion dollars, an increase from 3 trillion dollars at the end of last year. Despite facing challenges in providing TikTok services in the US.
SoftBank, another company investing in ByteDance, has also valued the business at around 4 trillion dollars. The valuation of the TikTok business in the US is central due to the potential risk of having to shut down operations. Overall, the numbers could further increase if TikTok resumes normal operations.
The valuation of ByteDance’s business has fluctuated in recent years due to various factors such as trade wars and a volatile stock market that has affected the company’s IPO. However, the company has recently seen positive factors from the AI chatbot service Doubao, which has over 75 million users.
TLDR: Bloomberg data shows that ByteDance, parent company of TikTok, is valued at around 4.1-4.5 trillion dollars by investors, with potential for further increase if TikTok operations in the US stabilize. SoftBank also values the company at around 4 trillion dollars, citing the importance of the US TikTok business. ByteDance’s business valuation has been volatile in recent years, but recent positive factors from AI chatbot service Doubao may contribute to its growth.
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