TikTok Owner Seeking $60 Billion Valuation in U.S. Deal
12:27am PDT - September 20th, 2020 oracle - BloombergChina’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.