Tiktok, today's headlines and other APP have become a must for many people. The byeletic beating of parent companies has also risen, with the latest valuation exceeding $250 billion.
According to reports, people familiar with the matter disclosed that as investors are full of confidence in the business of the company and its IPO prospects,Byte beat is valued at more than $250 billion in the private market.
According to CB insights, byte beat was valued at $140 billion in the last round of financing.
One of the people familiar with the matter said the company's private market deal a month ago was valued at about $200 billion.
At $250 billion, byte beat is worth more than ExxonMobil and Coca Cola.
What is the concept of a $250 billion valuation? Among the domestic Internet giants, alimei's stock market is worth 630 billion US dollars, Tencent's market value is 5.9 trillion Hong Kong dollars (about 760 billion US dollars), and Jingdong's market value is more than 120 billion US dollars. Baidu's stock price has fluctuated a lot recently. Some time ago, its market value rebounded to 100 billion US dollars. In recent days, its low is only more than 60 billion US dollars. At present, it is about 70 billion US dollars.
In this way, the estimated value of byte beating is almost the volume of two Jingdong and four Baidu.
What's more, it's not the valuation before listing. Once it's listed, the valuation of bytes will be greatly increased,After the launch of the Kwai Chung market, the market value reached HK $1 trillion and 300 billion, or about $160 billion.Tiktok is only a vibrato, and its value is higher than that of the Kwai.
It is conservatively estimated that after the listing of byte, its market value will double to US $500 billion. It is easy to enter the top three of domestic Internet giants, and it is not impossible to reach the second and the first in the future.