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ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance is reportedly worth over US$100 billion as of May 2020. ByteDance's core product, Toutiao, is a content platform in China and around the world. Wikipedia
Half-year Report
RNS Number : 7811N
Worldsec Ld
26 September 2019...
Beijing ByteDance Technology Co. Ltd. ("ByteDance") - In July 2019, shortly prior to receiving the repayment of US$850,000 from the early redemption of the R&F Term Loan as mentioned above, the Group invested US$1 million in the Unicorn Equity Investment Portfolio Class D Shares of the Homaer Asset Management Master Fund SPC, the sole investment of which is an equity interest in ByteDance. Headquartered in Beijing, China, ByteDance is a technology group operating machine learning-enabled content platforms across cultures and geographies. It has a portfolio of mobile applications that is available in over 150 markets and 75 languages and that includes Toutiao, Helo, TikTok, Douyin, News Republic, Vigo Video, Huoshan, Xigua Video, TopBuzz, BuzzVideo and FaceU. As of July 2019, Bytedance had daily active users exceeding 700 million and monthly active users of more than 1.5 billion around the world.
yeah same with me
I lost almost 200 quid with 1 price drop :D oh well I might just hold it and see what happens
Are we sure it's tik tok they have their million quid in and not tic tacs? Wouldn't want to be landed with a billion little mints.
Is this POS your ramping project for today?
If I read it correctly in a fund that’s solely invested in the company that’s owns TickTok
Let's be serious, this is just a huge punt in the hope of some luck where this suddenly sky rockets to 20p or something. I am in for 4000 shares. Spread is stupid and I am vert likely going to lose my money...but I am a gambler at heart :D
And 4p to sell......……...Peeps must be blind or crazy
Bargain
All it takes it a little pressure and it rockets ..
Correction it was 5.5 cents per share or about 5p roughly. So buying at up to 2p was hardly a ramp. Plus that million in tik tok could be worth a lot more now.
people are willing to take punt on this
was in Auction
I don’t think this was a ramp if you look at the small number of trades over the last few days. It was valued at 1p at just 600k and the million Investment in the holding company of tik tock made it a bargain. I agree that paying ten pence is a lot but if you read below plenty of warnings to treat this as punting only. We don’t know what that million is worth now...they did have roughly 6p per share in total investment in value anyway so there is little doubt this had got very cheap.
people was paying 10p at 8am
pop 9p paid
i feeling this is about to pop or completely sink lol
Yeah we’re going to the moon! PMSL
DYOR
Spread: 2.00 (28.57%
coming down
Buddy, this information is incorrect, tick tax or whatever it called, value is around $50 billions if it goes into the market as of yesterday but I’ve checked WSL does not have 5% of any group. End
mike are you in on this.
@Midastouch...
Think about it...
Generally speaking, whenever a group of rampers appear, who are incapable of stringing together more than half a dozen words together, they are not thinking of anybody else’s interests, only their own (think along the lines of CTEA)... they will be in and out of this, leaving most people stranded. It’s what they do. It’s how they earn their beer money. You will never hear reasoned debate or research from them.
Good Luck to all GENUINE holders.
happy to sit on this
10p has been the official buy price since 8am, as pump & dumps go this appears a bit rubbish.