TikTok’s Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant’s popular TikTok app faces the prospect of a looming ban in the U.S.

ByteDance, the Chinese company that owns TikTok, valued itself at $300 billion in a recent share buyback offer, according to a new report in The Wall

TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matter and a document viewed by Reuters.

ByteDance, the parent company of popular social media app TikTok, has now reached a valuation of about $300 billion. The company hit the milestone after a recent share buyback offer, The Wall Street Journal reported. The news comes amid continued uncertainty over possible US restrictions on TikTok's operations.

The valuation came in a recent buyback offer by ByteDance, the Journal said, citing unidentified people with knowledge of the matter.

NEW YORK - TikTok’s Chinese parent company ByteDance is valuing itself at about US$300 billion (S$400 billion) after a recent buyback offer, the Wall Street Journal reported on Nov 16, even as the tech giant’s popular TikTok app faces the prospect of a looming ban in the US.

TikTok parent ByteDance Ltd. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular social-media app’s presence in the US,

Investors see Trump victory as a positive with the threat of TikTok ban looming in U.S.

TikTok parent ByteDance (BDNCE) is valuing itself around $300 billion after a recent buyback offer, the Wall Street Journal reported Saturday, even as the socia