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Saturday, 22 February 2025

Sources: SoftBank VF and others marked up ByteDance's valuation to $400B+; SoftBank puts zero value on TikTok's US operations but factored in AI business Doubao (Bloomberg)

Bloomberg:
Sources: SoftBank VF and others marked up ByteDance's valuation to $400B+; SoftBank puts zero value on TikTok's US operations but factored in AI business Doubao  —  - DeepSeek-driven China tech rally set to buoy ByteDance value  — Value tops $400 billion even as US TikTok unit marked at zero



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...