TikTok Operator Pours $182M Into Pre-IPO Round Of Chinese Sports Commentary App

ByteDance, the Chinese operator of several machine learning-enabled content platforms including short videos app TikTok, announced on Thursday that it has invested RMB1.26 billion (US$182.27 million) in a pre-initial public offering (IPO) round of financing in Chinese sports commentary app Hupu.

China Money Network

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