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A comment on TikTok has recently traded at valuations of $105-110B on private markets. Parent comment

Re:TikTok has recently traded at valuations of $105-110B on ... by lgl on Wednesday May 20, 2020 @06:00PM (#23252433)
Will most likely branch out into all the other usual markets, TikTok chat, TikTok meetings, TikTok Ads, TikTok shops, TikTok news, TikTok Pay, etc. Basically another slightly different version of the same stuff we're all used to with these kinds of social platforms. Still.. >100Bn is simultaneously ridiculous, funny and sad imho.

EDIT: valuation makes a bit more sense for the parent company seeing as it has a lot of other brands that are huge in China and India

[ Parent | on HN ]
Re:TikTok has recently traded at valuations of $105-110B on ... by jariel on Friday May 22, 2020 @12:23AM (#23268605)
None of those things are a given, moreover, you could say the same about almost any digital company.

"$176.9 million in revenue in 2019" - Forbes, Jan 16.

This is another SoftBank fake unicorn.

This time, they can hide behind the smoke and mirrors of the HK Stock Exchange and non-existent Chinese standard accounting principles.

[ Parent | on HN ]