[ByteDance Reportedly Delays IPO Plans, Off-Market Grey Market Valuation Approaching $1 Trillion] According to monitoring by Beating, and as reported by foreign media, ByteDance's board of directors reached a consensus in early May 2026 to postpone its initial public offering (IPO) plans. Founder Zhang Yiming believes there is still room for valuation growth, and listing at this stage would transfer excessive benefits to late-stage risk-free investors. Currently, ByteDance's off-market grey market trading valuation has exceeded $600 billion. A senior technology investment banker at Bank of America stated that the company's market value is expected to approach $1 trillion, setting a new industry benchmark. Policy and geopolitical risks have eased. In early 2026, Oracle Corporation and an investor consortium reached an agreement to jointly acquire 80% of TikTok's U.S. entity, effectively resolving related regulatory pressures. In the AI business sector, Doubao APP, the largest chat assistant for domestic users, is adding paid tiers on top of its free service offerings. [Original Link]