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TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports

Tommy Anderson
Reporter · Friday, November 13, 2026 at 1:01 AM · 1 min read
TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports — Hillsboro Community news

Nov 12 (Reuters) – ByteDance, the Chinese ​owner of ‌TikTok, is planning to buy back ‌up ​to $6 ⁠billion worth of ⁠shares from existing investors at a ​valuation of ⁠about $400 ⁠billion, The ​Information reported ​on Thursday, citing a ‌letter to shareholders and ⁠a person familiar with the ⁠plans.

The Details

Reuters could ‌not ⁠immediately ​verify ‌the report.

(Reporting ​by Carlos ⁠Méndez in Mexico City. Editing by Alan ​Barona)

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Local news from Hillsboro Current

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Hillsboro, North Dakota

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Community

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Friday, November 13, 2026

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1 min

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