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TikTok owner ByteDance may be worth more than Twitter and Coca-Cola as a public company

24 days ago   |   By Business Insider

Summary List Placement ByteDance, the Chinese owner of video app TikTok, may be worth $250 billion - a valuation that beats Coca-Cola and far outranks Twitter, Bloomberg reports.
Coca-Cola is valued at $228 billion, and Twitter is $48.8 billion, according to Markets Insider data. Just last month, ByteDance was trading at a valuation of $200 billion on the secondary market, according to Bloomberg , citing people familiar with the matter.
In April 2017, the Beijing-based startup was valued at $140 billion , according to CB Insights. Shares have risen as the company considers an initial...
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