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Analysis of ByteDance with a close look on Douyin TikTok

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Analysis of ByteDance with a close look on Douyin TikTok ( analysis-bytedance-with-close-look-douyin-tiktok )

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Folger, J. (2018). DCF Analysis: Coming Up with a Fair Value. Retrieved from https://www.investopedia.com/university/dcf/dcf4.asp on March 4th, 2019 Foye, J. (2008). Valuing Cyclical Companies by Using the Price/Sales Ratio. Retrieved from http://www.marketoracle.co.uk/Article6552.html on March 10th, 2019 Godek, P., McCann, C., Simundza, D., & Taveras, C. (2011). Rethinking the Comparable Companies Valuation Method. Retrieved from https://www.slcg.com/pdf/workingpapers/CCV paper.pdf on April 1st, 2019 Hargrave, M. (2019). Price-to-Sales Ratio (P/S Ratio). Retrieved from https://www.investopedia.com/terms/p/price-to-salesratio.asp on April 3rd, 2019 Hariharan, A. (2017). The Hidden Forces Behind Toutiao: China’s Content King. Retrieved from https://blog.ycombinator.com/the-hidden-forces-behind-toutiao-chinas-content-king/ on March 20th, 2019 Holterman, W., & van de Pol, M. (2016). Mergers & Acquisitions, PwC report. Retrieved from https://www.pwc.nl/nl/assets/documents/pwc-mergers-acquisitions.pdf on April 4th, 2019 Huang, Z. (2018). Tencent-backed short video app Kuaishou launches mini game similar to WeChat’s offering. Retrieved from https://www.scmp.com/tech/apps- social/article/2178668/tencent-backed-short-video-app-kuaishou-launches-mini-game-similar on March 5th, 2019 Iqbal, M. (2019). TikTok Revenue and Usage Statistics (2019). Retrieved from http://www.businessofapps.com/data/tik-tok-statistics/ on March 28th,2019 IQIYI Inc. (2019). 2018 Annual Report. Retrieved from https://ir.iqiyi.com/static-files/83481f9b- 238f-4841-9591-c0f9c817c7dc on March 15th, 2019 Jennergren, L. P. (2008). Continuing value in firm valuation by the discounted cash flow model. European Journal of Operational Research, 185(3), 1548-1563. Jing, M. (2018). This migrant worker lost his 56-year-old mentally ill sibling during Lunar New Year travel crush. Toutiao helped find him. Retrieved from https://www.scmp.com/tech/social- gadgets/article/2133363/migrant-worker-lost-his-56-year-old-mentally-ill-sibling-during on April 4th, 2019 Keating, E. K., Lys, T. Z., & Magee, R. P. (2003). Internet downturn: Finding valuation factors in Spring 2000. Journal of Accounting and Economics, 34(1-3), 189-236. Kenton, W. (2019). Enterprise Value-to-Sales – EV/Sales Definition. Retrieved from https://www.investopedia.com/terms/e/enterprisevaluesales.asp on May 17th, 2019 - 64 -

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