Letter: ByteDance plans to buy back up to $6B worth of shares from existing investors at a ~$400B valuation, a 20% increase in valuation from its 2025 buyback (The Information)

The Information:
Letter: ByteDance plans to buy back up to $6B worth of shares from existing investors at a ~$400B valuation, a 20% increase in valuation from its 2025 buyback  —  ByteDance, the Chinese owner of TikTok, is planning to buy back up to $6 billion worth of shares from existing investors …