StartupsQuartz30 minutes ago
ByteDance Delays IPO Deadline to 2030
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TikTok owner ByteDance proposes extending its deadline to go public or buy back stakes to Dec. 11, 2030, a four-year delay. The offer sets a price of $241.35 a share, implying a valuation 20% higher than a comparable program 12 months earlier. The company also plans to grant 300 million stock units to its AI division staff.
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In this storyByteDance
