5 Most Valuable Pre-IPO Companies in The World

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1. ByteDance

Valuation: $300 billion

ByteDance is the most valuable pre-IPO technology company as per latest available valuation reports. The China-based company, founded in 2012, operates a range of multiple content platforms that are available across more than 150 markets in more than 75 languages. Its portfolio of products includes famous global short-form video platform TikTok, China’s leading short-form video platform Douyin, Toutiao, Helo, Xigua Video, Lark, and BytePlus.

ByteDance platforms had a combined total of 1.9 billion monthly active users as of December 2020, according to a report. During 2020, its revenue reached $34 billion while gross profit was recorded at $19 billion.

ByteDance’s shares were being traded in the secondary markets at valuations ranging from $275 billion to $300 billion, late last year. The company is backed by investors including Coatue, Hillhouse, SoftBank, KKR & Co., Sequoia Capital, and General Atlantic, among others.

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