🚨TIKTOK'S PARENT BYTEDANCE SET TO BECOME CHINA'S FIRST TRILLION-DOLLAR COMPANY ByteDance's gray-market valuation has reached $900 BILLION per Nikkei Asia, putting it on track to become China's first $1 TRILLION company. The company has told employees an IPO is "not on the table" after making $50 BILLION in profit last year on revenue now exceeding Meta's. It also plans to spend up to $70 BILLION on AI and data centers this year from its own cash.(Coin Bureau)