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A comment on ByteDance investors value TikTok at $50B in takeover bid. Parent comment

Re:ByteDance investors value TikTok at $50B in takeover bid by nl on Wednesday July 29, 2020 @09:54AM (#23986671)
Snapchat is growing revenue at over 30% a year.

Vine was bought by Twitter and shut down. Tumblr was bought by Yahoo and suffered the same fate as everything Yahoo buys.

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Re:ByteDance investors value TikTok at $50B in takeover bid by virtue3 on Wednesday July 29, 2020 @10:01AM (#23986745)
tumblr was doing fine till it banned adult content :(
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