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TikTok owner ByteDance valued at $480B after bidding war

2 days ago
https://www.thetimes.com/business/companies-markets/article/tiktok-owner-bytedance-valued-480bn-bidding-war-rhq5fc225
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  • ByteDance, TikTok's owner, valued at $480 billion after a bidding war.
  • ByteDance's valuation comparable to OpenAI, owner of ChatGPT.
  • Capital Today invested $300 million in ByteDance shares.
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