[Sources: ByteDance's new round of employee stock buybacks will push the company's valuation above $330 billion] According to a report by Jinse Finance, citing Walter Bloomberg, sources indicate that ByteDance's new round of employee stock buybacks will push the company's valuation above $330 billion, up from the previous round's $315 billion. ByteDance's revenue grew by 25% in the second quarter, reaching approximately $48 billion. ByteDance's TikTok U.S. operations remain in a loss-making state.