ByteDance is tapping a cash pile of more than $50bn accumulated from its popular short-video apps to buy back up to $5bn worth of shares from investors.The owner of the viral apps TikTok and Chinese version Douyin raked in $29bn in revenues in the three months to June, up about 40 per cent from the previous year, according to four people briefed on the figures. Earnings before interest and tax, ByteDance’s preferred metric of profitability, were $9bn.
字節(jié)跳動(dòng)(ByteDance)將利用其廣受歡迎的短視頻應(yīng)用產(chǎn)生的逾500億美元現(xiàn)金儲(chǔ)備，從投資者手中回購(gòu)至多50億美元的股份。
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