Kuaishou will IPO in the HK exchange tonight. They priced the IPO at 60B valuation and it's currently trading around 150B valuation in the grey market! https://www.bloomberg.com/news/articles/2021-02-04/kuaishou-technology-surges-142-in-hong-kong-gray-market-trading This brings up two questions 1) How much is Bytedance worth if Kuaishou is worth 150B? 500B? 2) How much is Bilibili (BILI) worth? They are currently valued at 46B. They will (secondary) list in HK in March. #investments #ipo #startup
buy buy buy 📈📈📈
Opened around 180B 🤑. How did they price it at only 60B?
When’s pony AI gonna ipo?
🤷♂️
Hoping that mchi includes the stock
Yeah, all the Chinese haters are silent now. This company has almost zero American market share.
The Chinese aren't stupid, but Americans think they are. Been here over a year and Americans are constantly trying to take control in the US office just because they're American.
What about now?
Too much uncertainty with the gaming and social media crackdowns.
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I'd think 500B. Douyin has twice as many users and is the market leader, not to mention we also have toutiao, tiktok, lark, resso, and other products and initiatives. We also had 7B product while Kuaishou operated losing billions this year
Got a question as I’ll be joining ByteDance, do you foresee the RSU going higher or stay the same if they were to go IPO?
RSUs are $88 this month, moving to around $100 next month to get closer to the $180B valuation, which is around the current valuation of kuaishou right now.