Transcription of Analysis of ByteDance
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Analysis of ByteDance
Analysis of ByteDance with a close look on Douyin / TikTok Author: Xiaoye SHI Supervisor: Prof. Dr. Didier SORNETTE A thesis submitted to the Department of Management, Technology and Economics (D-MTEC) of the Swiss Federal Institute of Technology Zurich (ETHZ) in partial fulfilment of the requirements for the degree of Master of Science in Management, Technology and Economics June 2019 - 2 - Acknowledgements I would like to thank my supervisor Prof. Dr. Didier Sornette, who has kindly given me countless guidance and advice throughout the Master thesis. I appreciate the opportunity to work on this interesting topic under the Chair of Entrepreneurial Risks and is deeply grateful for all the help received along the process.
Analysis of ByteDance ... 2.1 Traditional Valuation Methods - 14 - 2.1.1 Income approach - 14 - 2.1.2 Asset-based approach - 15 - 2.1.3 Market approach - 16 - ... In alphabetical order: ARPU average revenue per user, calculated as the revenue divided by the number of
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