Wall Street Journal:

Sources: ByteDance offers to buy back staff shares at a $223.5B valuation, down nearly 26% YoY, and made $20B+ in 2022 operating profit as revenue growth slowed  —  Social-media company reported an operating profit of more than $20 billion as its valuation fell by about 26%

Wall Street Journal:

Sources: ByteDance offers to buy back staff shares at a $223.5B valuation, down nearly 26% YoY, and made $20B+ in 2022 operating profit as revenue growth slowed  —  Social-media company reported an operating profit of more than $20 billion as its valuation fell by about 26%

Source: TechMeme
Source Link: http://www.techmeme.com/231002/p15#a231002p15