ByteDance Clarifies Douyin Stock Awards; Seed Employees Can Receive Year-End Bonus in Stock at $13 Per Share

GateNews

According to sources familiar with the matter, on May 27, ByteDance clarified that employees in its Seed division can choose to receive year-end bonuses in the form of Douyin stock, priced at $13 per share. The company stated this is not a stock purchase program but rather an optional payment method for annual bonuses.

Seed, ByteDance's core AI research team established in 2023, leads the development of the Douyin large language model and focuses on multimodal models and embodied AI research.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments