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ByteDance Targets a New $185 Billion Business Ahead of Mega IPO

https://www.bloomberg.com/news/articles/2021-05-09/bytedance-targets-a-new-185-billion-business-ahead-of-mega-ipo
Zhang Yiming built ByteDance Ltd. into the world’s most valuable private company via a string of blockbuster apps like TikTok that challenged Facebook and other incumbents on their own turf. His latest target: Alibaba.