[BIG TECH]■ STORY TIMELINE

BYTEDANCE VALUED AT $600B IN GRAY MARKETS

ByteDance shares are trading at a $600 billion-plus valuation on secondary markets, with sources indicating a public listing remains unlikely. The valuation underscores continued investor confidence in the Chinese tech giant.

3 SOURCESFIRST SEEN JUN 22, 03:55 AM► READ THE ARTICLE

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Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers (Henny Sender/Nikkei Asia)

Henny Sender / Nikkei Asia: Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlik…

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Qualcomm CEO Cristiano Amon says the company is designing data center chips specifically for Chinese customers that are in compliance with US export controls (Yifan Yu/Nikkei Asia)

Yifan Yu / Nikkei Asia: Qualcomm CEO Cristiano Amon says the company is designing data center chips specifically for Chi…

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Sources: Meituan, Baidu, Xiaomi, and other Chinese tech giants have been trimming their workforces, fueling Chinese workers' concerns of being replaced by AI (Wency Chen/South China Morning Post)

Wency Chen / South China Morning Post: Sources: Meituan, Baidu, Xiaomi, and other Chinese tech giants have been trimming…

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