TikTok Owner Seeking $60 Billion Valuation in U.S. Deal
The TikTok logo is displayed in front of an image of the national flag of the U.S. in this arranged photograph in London, U.K. (Photographer: Hollie Adams/Bloomberg)

TikTok Owner Seeking $60 Billion Valuation in U.S. Deal

(Bloomberg) -- China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concer...
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