Private equity firm General Atlantic is seeking to sell a stake in ByteDance, in a transaction that values the social media group at around $550bn, according to a report by Reuters.
The proposed divestment comes after the company resolved the sale of TikTok’s US operations earlier this year, and represents a sharp uplift from a 2025 employee share buyback that valued ByteDance at more than $330bn. It also implies a roughly 15% increase from a November secondary transaction that priced the compan...
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