The best way to stay rich? Explore more options. At least that seems to be Chinese tech firm ByteDance’s mantra. ByteDance has quickly grown to become the world’s most valuable startup worth an estimated estimated TechCrunch ByteDance valuation under pressure as TikTok sale nears Read more US$100 billion. It needs to keep moving that needle.

But now, China’s mature internet market—with 900 million internet users—is slowing down. And geopolitical wars are threatening ByteDance’s expansion in the United States and India.

AUTHOR

Jum Balea

Jum is a Manila-based reporter for The Ken, where she covers startups and business across Southeast Asia, with a focus on the Philippines. She previously was editor for Tech In Asia, and business editor for Philippine media companies Rappler and ABS-CBN.

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