Tiktok's parent company Bytedance is valued at 300 billion dollars, according to information to Wall Street Journal. This corresponds to nearly 3,300 billion kronor.
The valuation is the company's own, and one of the highest ever for a Chinese technology company. In October 2023, the valuation was 225 billion dollars, according to the newspaper.
Bytedance is under pressure in the USA, where the authorities are demanding that Tiktok be sold to an American owner by mid-January at the latest. Otherwise, the app may be banned in the country. Donald Trump has previously been in favor of a Tiktok ban but has recently hinted that it is a bad idea.
