Toutiao-owner Beijing Bytedance eyes HK IPO at $45b valuation: Report

AsiaInfo Technologies
FILE PHOTO: The Hong Kong Exchanges flag, Chinese national flag and Hong Kong flag are hoisted outside the Hong Kong Stocks Exchange in Hong Kong June 7, 2016. REUTERS/Bobby Yip/File Photo

Beijing Bytedance Technology Co, owner of China’s largest mobile-based news and content platform Toutiao, is reportedly discussing a possible initial public offering (IPO) that may value the company at over $45 billion.

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