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TikTok's Chinese Owners Eye Mega Payday as Competition to Buy App Heats up

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The New York Times
SOURCE: https://www.newsweek.com/tiktok-chinese-owners-mega-payday-competition-buy-app-1526053
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Summary

Reports from Reuters and from analysts polled by Bloomberg suggest it could fetch between $20 billion and $50 billion?a wildly higher price tag than the valuation of its peers.

As said here by Lucy Harley-McKeown