ByteDance is mulling selling “a low single-digit percentage point stake” of online sneaker marketplace Poizon, preferably to an existing investor, Bloomberg reported Tuesday (June 7). Poizon, formally known as Shanghai Shizhuang Information Technology, is valued at more than $10 billion, according to the report. ByteDance,...
June 07, 2022
ByteDance is mulling selling “a low single-digit percentage point stake” of online sneaker marketplace Poizon, preferably to an existing investor, Bloomberg reported Tuesday (June 7). Poizon, formally known as Shanghai Shizhuang Information Technology, is valued at more than $10 billion, according to the report. ByteDance, which owns video-sharing platform TikTok, rejiggered its investment arm earlier […]
