China's ByteDance is seeking a valuation of $60bn for TikTok as Oracle and Walmart take stakes in the short-video app's business to address US security concerns, according to sources. Oracle and Walmart have rights to buy 12.5pc and 7.5pc respectively of a newly established TikTok Global under an agreement that won...
Full ArticleByteDance wants to value TikTok video app at $60bn
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