Is this a joke? Anyone know what is this IG private trading? quotes: Our analysis on the ByteDance (TikTok) IPO By Chris Beauchamp  The popularity of ByteDance among IG clients trading the grey market continues, with the firm’s expected market capitalisation topping $200 billion. Indeed, the expected market cap went from $160 billion on 24 June to $200 billion by the end of the last full week of June, a sign of resurgent risk appetite and helped along by news that the firm reported a 130% increase in Q1 revenues compared to last year, to $5.6 billion. The boom in social networking has come as economies across the globe went into lockdown, with TikTok itself recording 315 million downloads in quarter one (Q1).
IG.com grey market (OTC) trading
Is it a reliable source?
It’s not a joke, ByteDance also owns the largest online news app in China and a few other video apps.
Huge drop on the secondary markets the past week.
150B according to the latest round of funding last week. Not sure internal valuation yet
The stocks are priced at the 100B valuation. I never heard about the 150B.
Just saw the news yesterday. Hopefully not changing internal valuation yet
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Why would it be a joke?
A Google search just tells it's valuation at 100B last month or so
User privacy is a joke to ByteDance though