The return on investment in ByteDance should be substantial. ByteDance's major shareholders are Sequoia Capital China, Softbank Vision Fund, Yunfeng Fund and KKR. Other investors who have participated in financing include Source Capital, Morningstar Capital, SIG Haina Asia, Shunwei Capital, CCB International, Transatlantic Investment, Chunhua Capital and Tiger Fund. Since the establishment of 20 12, ByteDance has completed 10 rounds of financing, with a cumulative amount of more than USD 7 billion. In the 20 16 d round of financing, the post-investment valuation has reached 1 10 billion USD. In July, 20021year, the valuation of ByteDance market transactions was as high as $500 billion, and then all the way down to $400 billion in August. By the end of 10, the number of bytes dropped rapidly to $360 billion. Only three months before and after, the valuation has dropped by $654.38+040 billion.