ByteDance is aiming to list the company on the Hong Kong stock exchange early next year.
In July, Wall Street Journal noted that the company hadshelved its plans for an IPO for now.
ByteDance toldReutersthat FTs reporting was not accurate, but didnt provide any details.
In June, China-based publication 36kr noted that ByteDances valuation has soared past $400 billion.
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The FT report indicated that the company has nearly 1.9 billion monthly active users across the globe.
According to data from analytics firm App Annie, TikTok has already surpassed Facebook asthe worlds most downloaded app.
That’s one heck of a mixed bag.
He likes to say “Bleh.
That’s one heck of a mixed bag.
He likes to say “Bleh.”
