Given TikTok's potential future value, ByteDance shouldn't sell its majority stake in it at the reported $25B-$40B valuation, despite the risk of a US ban (Alex Sherman/CNBC)

Alex Sherman / CNBC:
Given TikTok's potential future value, ByteDance shouldn't sell its majority stake in it at the reported $25B-$40B valuation, despite the risk of a US ban  —  - ByteDance is evaluating new corporate structures for TikTok, including setting up an independent board and selling a stake in the company …

from Techmeme https://ift.tt/2OVdopd
https://ift.tt/2ZYstwf July 26, 2020 at 04:30AM https://ift.tt/gaIxo5