ByteDance, the owner of TikTok, is preparing for another buyout of shares from employees that will value the company at more than $330 billion. The reason for such a step is the constant growth of revenues, thanks to which the company has become the leader among social networks in terms of profits in the world. This is reports Reuters agency.
As part of the buyout program, employees will be offered $200.41 per share, which is 5.5% more than during the previous round six months ago, when the price was $189.90, and the company’s valuation reached about $315 billion. The new buyout will start in the fall.
The rise in valuation coincides with ByteDance maintaining its position as the world’s largest social media company by revenue. In the second quarter of 2025, revenue grew 25% year-over-year to approximately $48 billion, most of which came from the Chinese market. At the same time, the company is facing political pressure regarding the possible spin-off of its American business.
In the first quarter, ByteDance received more than $43 billion in revenue, ahead of Meta (the owner of Facebook and Instagram), which had $42.3 billion. Both companies posted more than 20% sales growth in the second quarter, largely due to strong advertising demand.
ByteDance conducts share buybacks twice a year, giving employees the opportunity to sell some of their shares in the private company. This has become a common practice for large late-stage startups seeking to retain employees and ensure liquidity without an IPO. Unlike many other companies, including SpaceX or OpenAI, ByteDance finances buyouts from its own balance sheet, which indicates its financial stability and significant profits.
In addition, ByteDance is considered one of China’s leading players in the field of artificial intelligence. The company is investing billions of dollars in purchasing Nvidia chips, developing infrastructure for AI, and creating its own models.
