ByteDance plans to repurchase shares, with a valuation of $400 billion
2026-11-14 10:25:01
According to CoinMeta, ByteDance is planning a stock repurchase valued at $400 billion, highlighting the scale of this private company in competing for attention and advertising revenue with Meta Platforms. Based on the relevant information, the total amount of the proposed repurchase could be as high as $6 billion. ByteDance reported revenues of approximately $120 billion in the first half of 2026, a year-on-year increase of about 30%. The net profit was around $20 billion, which decreased due to the company's increased investment in artificial intelligence.
Source:Benzinga
This content is for market information only and does not constitute investment advice.
Follow WalletJYS official accounts to stay updated

Hot Articles
Refresh

NVIDIA's stock tumbles 9% after the latest announcement; what impact will NVIDIA's decline have on the AI industry?
11-12 16:08

Is the Tangem wallet secure? No need to memorize a mnemonic phrase, can beginners use it with confidence?
11-12 17:31

SOL Currency's Latest Price Outlook: Can It Break Through the $90 Barrier?
11-11 11:59

Dow Jones 1,000-Point Swings: CPI Reversal or Bull Trap?
11-10 16:56

Coinbase Is the exchange safe? How can beginners in 2026 download and register?
11-09 19:09



