Traders note that the Bytedance stock price could test new highs if Q3 gross merchandise volume growth exceeds 25%, a threshold last achieved in late The valuation reflects high expectations for the future of AI technology and continues OpenAI's remarkable trajectory from its start as a nonprofit research lab in 2015. “It’s like you’re putting a gun to ByteDance and saying ‘sell or you stop,’” said Alvin Foo, a venture partner at Zero2Launch. Much remains uncertain, including who will run and operate the service, given none of the proposed buyers are internet or consumer-facing companies. “Right now, it’s really Trump making the call, without listening or discussing with the Chinese government on whether the sale will go through.” Institutional flows into Asia‑based tech ETFs have increased exposure to Bytedance, which has indirectly supported stability in the Bytedance stock price through diversified buying pressure.
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