Technology Magazine July 2025 | Page 35

BYTEDANCE
TOP 10 – TECHNOLOGY UNICORNS

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BYTEDANCE

VALUATION: US $ 300BN CEO: SHOU ZI CHEW LOCATION: BEIJING, CHINA SIGNIFICANT BACKERS: SEQUOIA CAPITAL CHINA, SIG ASIA INVESTMENTS, SINA WEIBO, SOFTBANK GROUP
ByteDance maintains its US $ 300bn valuation despite unprecedented regulatory challenges surrounding TikTok in the US. The company faced a nationwide TikTok ban that took effect in January 2025 after refusing to sell the service before the deadline, though President Trump later signed an executive order halting its enforcement for 75 days.
White House-led talks are continuing around a plan for the biggest non-Chinese investors to up their stakes and acquire TikTok’ s US operations, with Jeff Yass’
Susquehanna International Group and Bill Ford’ s General Atlantic reportedly leading discussions. Some American shareholders argue that ByteDance’ s China business is the real driving force behind the lofty valuation, helping offset potential TikTok losses.
The company’ s diversified portfolio beyond TikTok, including its strong presence in Chinese social media and other digital services, continues to attract investor confidence despite the ongoing US regulatory uncertainty.
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