Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I would argue it's not that significant, subjective of course.
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. Launched in 2016, Douyin, a video-sharing social platform, is generally regarded as the most popular mobile applications of ByteDance and has an international version known as TikTok. Downloaded 738 million times in 2019 raising the total number of downloads to over 1.5 billion, TikTok was the seventh-most downloaded mobile applications of the 2010s. 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.
Nothing to apologize for, does it make it less valuable? I doubt it, globally who does it reach, everyone, every day and everywhere.
There is always a workaround, what people want, people will get. This is a numbers game, irrespective of what DT does, there are millions if not potentially billions of users globally that can use this.
now I'm not saying buy or sell, what I am saying is do the research and if you think it's a viable buy then invest, if not don't.
Massively high risk but agreed if it’s out there people will cotton on to the investment by WSL into Bytedance.
From what I’ve researched I’ve taken a small position and only wish like most I’m sure I had done it at a lower price.
DYOR
Bobby,
Scroll down or read the last update (RNS) it’s all there, $1 million invest into Bytedance through a fund .
Trump vows to ban Chinese-owned TikTok from the US http://news.sky.com/story/trump-vows-to-ban-chinese-owned-tiktok-from-the-us-12040260
Valuations have been put out there at above $50 Billion and the main man thinks it's worth more. Have a scroll through some of the posts.
Someone put up a link earlier ref the +$50 Billion valuation
and you Share.
that's the spirit ........ :-)
R35
Whilst your comments are the fundamentals of any share you invest in, any investment has it's risks, though it's down to the individual to decide what risk exposure they're willing to accept.
Me personally, I like to think at my age I can make those decisions, it's stood me well thus far in life.
Not a criticism of you and no ill intent from me but to suggest people are naive is a little harsh.
Anyway, have a good weekend, Monday is the start of another week.
ATB
Agreed though you would think with the investment they have, albeit through a fund this would have gained momentum!
The very mention of tiktok, it's valuation, media speculation etc. who knows, stranger things have happened.
I'm in for a bob or two, let's see how it plays out. Not sure I have ever seen a spread like this mind.... Makes it even more intriguing.
And this :-)
"ByteDance was valued at as much as $140 billion earlier this year when one of its shareholders, Cheetah Mobile Inc (CMCM.N), sold a small stake in a private deal, one of the sources said".
"If a deal for the whole of TikTok cannot be reached, ByteDance is exploring divesting only TikTok’s U.S. operations, one of the sources said. It is not clear what such a deal would be worth and what ties TikTok in the United States would maintain with its global operations".
The bit I like
"It is unclear whether ByteDance’s founder and CEO, Yiming Zhang, will be satisfied with the offer. ByteDance executives recently discussed valuation projections for TikTok that exceed $50 billion, one of the sources said".
ByteDance through the Homaer Fund - During the year under review, the Group invested US$1 million in the Homaer Fund, 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. Launched in 2016, Douyin, a video-sharing social platform, is generally regarded as the most popular mobile applications of ByteDance and has an international version known as TikTok. Downloaded 738 million times in 2019 raising the total number of downloads to over 1.5 billion, TikTok was the seventh-most downloaded mobile applications of the 2010s. 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.
Who knows, GLA
Now that all depends if you're comfortable with:
1. the research you've done
2. can afford to lose what you've invested (or possibly make money, which is what we all want)
3. have faith in the company you're investing in based on said research and their business model
4. have emailed the CEO who's email address has been provided on here several times to dispel any fears one might have.
I absolutely get the hot topic right now is who is the seller, but for every seller, there is a buyer.
Don't get me wrong, I have learned the hard way on more than one occasion, but thus far I am content with my investment here, I may have called it wrong who knows, nevertheless I am willing to give the company a chance, and as I have pointed out in my earlier posts, Sept should be very telling and if not I will rethink my position.
ATB Leer
01st Self-funding expected in Q3 (2 important banks), 1 in place by September
Open funding - 16 yes 16 interested investors (target date - Sept)
97 Companies right now awaiting funding of which SYME receive 2% upfront charge
Strom Harbour on track so it seems
UK opportunities - Important financial institution
1 month to onboard a new company
272 New clients (companies) - 310 by 2024
Revenue - 2% charged (1% is profit) average ticket is roughly 40 Million Euros