Bytedance says it has no IPO plans, but its rise seems unstoppable

Bytedance, the company behind the massively popular news aggregation app Jinri Toutiao, is considering a Hong Kong IPO that may value it at over $45 billion, according to media reports. The company would join a wave of Chinese tech listings which has been growing during the past six months. However, at noon on July 10th, … Continue reading Bytedance says it has no IPO plans, but its rise seems unstoppable