TAIPEI (Aug 3): Let's get something clear upfront: Microsoft Corp's purchase of TikTok is not worth US$50 billion. Some investors in its parent company, ByteDance Ltd, think it is worth that much, according to a Reuters report last week. The idea that TikTok — without the UK, India or dozens of other emerging markets — is worth US$50 billion today is fanciful. After finessing regulators and stroking egos to get this deal done, Microsoft will rightfully expect a big discount. The size of which will prove Nadella's worth and make this the deal of the decade.

Source: The Edge Markets August 03, 2020 08:15 UTC