Key takeaways Where ByteDance’s valuation stands today In late November 2025, a private share auction involving Chinese venture firm Capital Today sent ByteDance’s implied valuation soaring to about $480 billion. The firm bought roughly $300 million worth of shares from a Bank of China affiliate after a bidding war that attracted at least seven bidders; the block was initially marketed at a level implying a $360 billion valuation but ultimately cleared at a price equivalent to around $480 billion for the whole company. IDN Financials+4Bloomberg Law+4Capital Brief+4 This deal effectively reset market expectations. As recently as August 2025, ByteDance’s internal employee share buyback referenced a