ByteDance recently approached investors for a share buyback program, valuing itself at approximately $300 billion, representing a 12.9% increase from its last buyback share price.
Despite its robust growth, with a 30% revenue increase to $110 billion last year, ByteDance is navigating legal challenges tied to its U.S. operations and national security concerns.
The company's latest buyback program is its third since 2022, further underscoring its ongoing strategy to enhance liquidity amidst uncertain regulatory scenarios in the U.S.
ByteDance is under pressure from a U.S. law demanding a sale of TikTok due to national security concerns, with a court case currently disputing this mandate.
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