According to Arab Net, Bayt Dance continued to grow despite all obstacles, with 38-year-old Chang Yiming, is among the richest rich world, which adds problems for his companions currently in China.
According to the sources I spoke to Bloomberg, Arabic .Net, the market value of Bayt Dance, rose to $ 250 billion in the private market, raising the value of Zhang for $ 60 billion, adding about 9.5 billion dollars to its fortune in its latest assessment For the Bloomberg for the billionaires.
The company, which has become its founder ranked 29th among the world's rich, its revenue last year has more vulnerable after expanding its basic advertising work to include areas such as e-commerce and online games.
Sources said, Chang is currently studying the initial public offering options for some commercial activities.
Evaluation escalation
During the recent funding round, a Bayt Dance evaluation reached $ 180 billion, according to someone familiar with. It is a rise of $ 20 billion about 3 years ago, according to CB insights. But in the private market, some investors have recently asked an assessment of $ 350 billion to give up their shares, while sources told the South China Morning Post, the company's value for private stock investors approaching $ 400 billion.
