ByteDance is preparing a new employee share buyback that will value the privately held owner of TikTok at more than $330 billion, according to people familiar with the plan. Staff will be offered $200.41 per share—about 5.5 percent above the $189.90 paid in a March programme that implied a valuation of roughly $315 billion. The transaction, expected to launch in the autumn, gives employees of the Chinese technology group another opportunity to cash out part of their holdings without an initial public offering. The higher price is underpinned by strong top-line growth. ByteDance’s revenue jumped 25 percent year-on-year to about $48 billion in the second quarter after topping $43 billion in the first. The performance cemented the company’s lead over Facebook and Instagram owner Meta, which reported $42.3 billion in first-quarter sales. While the group as a whole is profitable, its U.S. TikTok operation continues to run at a loss, the sources said. ByteDance funds its semi-annual buybacks from its own balance sheet, setting it apart from other late-stage private firms that rely on outside investors. The programme is intended to improve liquidity for current and former staff and to shore up morale amid persistent political pressure on the company’s flagship app. In Washington, lawmakers have ordered ByteDance to sell TikTok’s U.S. assets or face a nationwide ban. President Donald Trump last week extended the divestiture deadline to 17 September 2025, keeping open the prospect of further delays as a consortium of American investors negotiates terms. The new buyback comes against that backdrop, highlighting ByteDance’s financial resilience even as regulatory risks cloud its path to a public listing.
TikTok-owner ByteDance is set to launch an employee share buyback that will value the firm at over $330 billion, according to sources https://t.co/nkhm7a1xnS https://t.co/3vTJ3wYquv
Tencent $TCEHY has more than tripled in value since we tweeted this and made it one of our biggest holdings. https://t.co/OnAH49tWVf
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the firm at more than $330 billion, offering a price 5.5% higher than in a previous program six months ago. https://t.co/cPSvvfFL63