ByteDance Raises Doubaobao Virtual Stock Price to $14.85, Up 13.5% in Two Months

VIRTUAL-1.22%
According to ChainCatcher, ByteDance's Seed division raised the price of its virtual stock related to Doubaobao (the company's AI assistant) to $14.85 on June 17. The new valuation represents a 13.5% increase from the April price of $13.08, significantly outpacing the approximately 2.63% gain in ByteDance's standard employee stock options over the same period.
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