ByteDance offers cash for DouBao shares; cumulative increase of 30% in 4 months
2026-08-31 14:22:53
According to CoinMeta, ByteDance recently held a briefing for its employees regarding the DouBao shares. The price of these shares was raised from $14.85 in June to $17.02, representing a further increase of 14.6% over the past two months. Some employees have the option to adjust their compensation structure by converting a portion of their cash bonus into DouBao shares, with the conversion amount varying from person to person. For certain employees identified as L2 and L3, the maximum conversion ratio is 20%, while for those identified as L3 and L4, it can reach 25% or even 30%. ByteDance has also increased the distribution of DouBao shares, with some employees receiving an additional allocation of around 5% of their total bonus. DouBao shares are an internal virtual stock incentive program designed by ByteDance for its AI business. The initial repurchase price in April was $13.08, which rose to $14.85 in June, indicating a cumulative increase of 30.1% so far.
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Source:Internet
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