ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for […]ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg. The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for […]

Capital Today sends ByteDance valuation to $480 valuation after seven-bidder share auction

2025/11/20 20:14
3 min read

ByteDance hit a fresh valuation of about $480 billion after a Chinese investment firm grabbed a block of its shares in a heated auction that ran on Wednesday, according to data from Bloomberg.

The stake, sold by Bank of China Group Investment, was first priced near $200 million, which reflected a $360 billion valuation for ByteDance, but that price did not survive the bidding war for long.

The auction pulled in around seven bidders, the people said, and the number kept pushing the price higher. Capital Today, run by Kathy Xu, ended up paying close to $300 million for the shares.

The valuation implied by that final bid landed just below half a trillion dollars, showing how much investors still want exposure to ByteDance even with the pressure around TikTok’s future in the United States.

Capital Today wins the auction and pays up

The stake sale marks one of the biggest secondary trades tied to ByteDance this year, the people said. The interest came from the fact that the bank’s block of stock was a rare batch of existing shares available in size.

One person involved in the talks allegedly said bidders saw it as a chance to buy into a company that has strong global reach, fast‑moving artificial‑intelligence tools and massive content and ads demand.

The firm was founded in 2012 by Zhang Yiming and has built several of China’s most used digital platforms.

TikTok alone has roughly 170 million users in the US, but the platform remains under political pressure. The Trump administration is working on a deal that would move the majority ownership of TikTok’s US operation to American investors.

A forced sale had long been a threat hanging over ByteDance, but the current talks aim to avoid the harshest scenario.

Reportedly, ByteDance may still keep around half of the profit from the US business even after it gives up majority control.

Trump has said publicly that the TikTok deal is “basically done” and tied it to larger US‑China trade discussions. Beijing has not said whether it will approve the deal, leaving the final step open.

ByteDance buybacks rise and investors lift valuations

The new valuation from Capital Today lands far above recent internal numbers. In September, ByteDance started a buyback plan for employees at around $330 billion, the people said. The company is also preparing its annual buyback program for institutional investors this month.

Several major holders, including SoftBank Group and Fidelity Investments, have already increased the value of their stakes to more than $400 billion, according to earlier Bloomberg reporting.

The jump also puts ByteDance close to the world’s most valuable startup. OpenAI sits at roughly $500 billion, based on CB Insights data, while Elon Musk’s SpaceX stands near $400 billion.

Investors who joined the auction told contacts that the price jump made sense because the company’s AI systems, ads engine and global content footprint are expanding fast.

Xu, who founded Capital Today, has backed several of China’s major tech names, including Meituan and JD.com. People close to the auction said her win reflects the scale of interest in ByteDance anytime a meaningful block of shares becomes available.

The smartest crypto minds already read our newsletter. Want in? Join them.

Market Opportunity
BounceToken Logo
BounceToken Price(AUCTION)
$4.835
$4.835$4.835
-0.94%
USD
BounceToken (AUCTION) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
SHIB Price Analysis for February 8

SHIB Price Analysis for February 8

The post SHIB Price Analysis for February 8 appeared on BitcoinEthereumNews.com. Original U.Today article Can traders expect SHIB to test the $0.0000070 range soon
Share
BitcoinEthereumNews2026/02/09 00:26
Solana’s Long-Term Upside Tied to Upgrades, Short-Term Structure Still Weak

Solana’s Long-Term Upside Tied to Upgrades, Short-Term Structure Still Weak

Solana remains caught between strong long-term fundamentals and a fragile short-term technical structure. While the network’s upgrade roadmap points to meaningful
Share
Coinstats2026/02/09 00:28