By Amber Deter TikTok is a popular app with Gen-Z and millennials. It has a strong user base in the west and is expanding around the world. With this growth, investors are asking about a TikTok IPO. Although, its parent company ByteDance is more likely to go public.
However, many investors are skeptical of an IPO. The company might not be worth its lofty valuation. ByteDance is an investment unicorn and one of the highest valued startups in the world. Private investors have valued it at as much as $78 billion. That’s steep, and there are other concerns the company needs to address before …read more
