ByteDance's market recognition has rebounded, with at least three large investors now believing that the Chinese company's valuation exceeds $400 billion. According to informed sources, SoftBank's Vision Fund considered the potential of the artificial intelligence business Doubao and valued ByteDance at over $400 billion as early as December last year. In 2024, based on disclosures submitted to the U.S. Securities and Exchange Commission (SEC) in November, Fidelity Investments and T. Rowe Price Group Inc. valued the company at over $410 billion and $450 billion, respectively. (Bloomberg)