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Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers (Henny Sender/Nikkei Asia)
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Henny Sender / Nikkei Asia: Sources: ByteDance shares are trading at a $600B+ valuation in gray markets; an IPO is unlikely and its growth continues to benefit its Chinese and US backers — Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies.
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