\u51e0\u5bb6\u6295\u8d44\u548c\u79d1\u6280\u516c\u53f8\u6b63\u5728\u63a2\u7d22\u6536\u8d2dTikTok\u7f8e\u56fd\u4e1a\u52a1\u7684\u53ef\u80fd\u6027\uff0c\u4f46\u4ed6\u4eec\u90fd\u4e0d\u5f97\u4e0d\u514b\u670d\u81f3\u5c11\u4e0e\u8fd9\u5bb6\u4e2d\u56fd\u793e\u4ea4\u5a92\u4f53\u5e73\u53f0\u7684\u4e3b\u8981\u8ffd\u6c42\u8005\u5fae\u8f6f(Microsoft Co., MSFT)\u6240\u9762\u4e34\u7684\u540c\u6837\u9ad8\u7684\u969c\u788d\u3002TikTok\u6b63\u9762\u4e34\u7279\u6717\u666e(Donald Trump)\u653f\u5e9c\u7684\u7981\u4ee4\u3002<\/p>\n
Twitter Inc. (TWTR)\u5df2\u5c31\u5728\u7f8e\u56fd\u4e0eTikTok\u7684\u6f5c\u5728\u5408\u5e76\u8fdb\u884c\u4e86\u521d\u6b65\u8c08\u5224\u3002\u73b0\u5728\u8fd8\u4e0d\u6e05\u695aTwitter\u662f\u5426\u4f1a\u5bfb\u6c42\u8fbe\u6210\u4ea4\u6613\u3002\u8be5\u4ea4\u6613\u5c06\u9762\u4e34\u91cd\u5927\u6311\u6218\uff0c\u800c\u4e14\u9274\u4e8eTwitter\u7684\u89c4\u6a21\uff0c\u51e0\u4e4e\u80af\u5b9a\u9700\u8981\u5176\u4ed6\u6295\u8d44\u8005\u7684\u5e2e\u52a9\u3002<\/p>\n
\u7279\u6717\u666e\u653f\u5e9c\u66fe\u5ba3\u79f0\uff0cTikTok\u5bf9\u7f8e\u56fd\u56fd\u5bb6\u5b89\u5168\u6784\u6210\u5a01\u80c1\uff0c\u56e0\u5176\u4e3a\u4e2d\u8d44\u516c\u53f8\u6240\u6301\u6709\u3002\u6b64\u540e\uff0cTikTok\u7684\u6bcd\u516c\u53f8\u3001\u603b\u90e8\u4f4d\u4e8e\u5317\u4eac\u7684\u5b57\u8282\u8df3\u52a8(Bytedance Inc.)\u4e00\u76f4\u5728\u8270\u96be\u5bfb\u627e\u51fa\u8def\uff0c\u8ba9\u8fd9\u4e2a\u70ed\u95e8\u89c6\u9891\u5206\u4eab\u670d\u52a1\u5728\u7f8e\u56fd\u7ee7\u7eed\u5b58\u6d3b\u3002\u4e86\u89e3\u8c08\u5224\u60c5\u51b5\u7684\u4eba\u58eb\u8868\u793a\uff0c\u51e0\u5bb6\u4e0eTwitter\u6216\u5b57\u8282\u8df3\u52a8\u6709\u5173\u7cfb\u7684\u6295\u8d44\u516c\u53f8\u4e5f\u53ef\u80fd\u5728\u6d89\u53caTwitter\u6216\u5fae\u8f6f\u7684\u4efb\u4f55\u4ea4\u6613\u4e2d\u53d1\u6325\u4f5c\u7528\u3002<\/p>\n
\u8fd9\u4e9b\u6295\u8d44\u516c\u53f8\u4e2d\u6709\u98ce\u6295\u5de8\u5934\u7ea2\u6749\u8d44\u672c(Sequoia Capital)\uff0c\u8be5\u516c\u53f8\u5728\u4e2d\u56fd\u7684\u9644\u5c5e\u516c\u53f8\u4e8e2014\u5e74\u9996\u6b21\u6295\u8d44\u4e86\u5b57\u8282\u8df3\u52a8\u3002\u636e\u4e00\u4f4d\u4e86\u89e3\u8fd9\u9879\u6295\u8d44\u7684\u4eba\u58eb\u79f0\uff0c\u5982\u4eca\uff0c\u7ea2\u6749\u8d44\u672c\u65d7\u4e0b\u7684\u51e0\u53ea\u57fa\u91d1\u5bf9\u5b57\u8282\u8df3\u52a8\u7684\u6301\u80a1\u6bd4\u4f8b\u7565\u8d85\u8fc710%\uff0c\u57fa\u4e8e\u5b57\u8282\u8df3\u52a8\u80a1\u7968\u6700\u8fd1\u7684\u4e8c\u6b21\u4ea4\u6613\uff0c\u7ea2\u6749\u65d7\u4e0b\u57fa\u91d1\u6240\u6301\u80a1\u4efd\u7684\u4ef7\u503c\u8d85\u8fc7100\u4ebf\u7f8e\u5143\u3002\u4ee5\u8fd9\u4e2a\u4ef7\u503c\u6765\u8bf4\uff0c\u8be5\u6295\u8d44\u5c06\u8dfb\u8eab\u6709\u53f2\u4ee5\u6765\u6700\u6210\u529f\u7684\u98ce\u6295\u4ea4\u6613\u4e4b\u5217\u3002<\/p>\n
\u636e\u77e5\u60c5\u4eba\u58eb\u900f\u9732\uff0c\u7ea2\u6749\u8d44\u672c\u5168\u7403\u7ba1\u7406\u5408\u4f19\u4ebaDoug Leone\u6700\u8fd1\u51e0\u5468\u4e00\u76f4\u5728\u5411\u5305\u62ec\u7f8e\u56fd\u8d22\u653f\u90e8\u957f\u59c6\u52aa\u94a6(Steven Mnuchin)\u548c\u767d\u5bab\u9ad8\u7ea7\u987e\u95ee\u5e93\u4ec0\u7eb3(Jared Kushner)\u5728\u5185\u7684\u653f\u5e9c\u8054\u7cfb\u4eba\u65bd\u538b\uff0c\u8981\u6c42\u4ed6\u4eec\u5236\u5b9a\u4e00\u4e2a\u4f7fTikTok\u80fd\u7ee7\u7eed\u5728\u7f8e\u56fd\u8fd0\u8425\u7684\u89e3\u51b3\u65b9\u6848\u3002Leone\u662f\u5c11\u6570\u516c\u5f00\u652f\u6301\u7279\u6717\u666e\u7684\u7845\u8c37\u9886\u8896\u4e4b\u4e00\uff0c\u4ed6\u8fd8\u4e3a\u7279\u6717\u666e\u7684\u8fde\u4efb\u7ade\u9009\u6350\u4e86\u94b1\u3002<\/p>\n
\u8003\u8651\u5230TikTok\u5bf9\u5176\u4e2d\u56fd\u6bcd\u516c\u53f8\u7684\u91cd\u8981\u6027\uff0c\u5b57\u8282\u8df3\u52a8\u7684\u80a1\u4e1c\u4eec\u9762\u4e34\u5f88\u5927\u98ce\u9669\uff0c\u6295\u8d44\u8005\u4eec\u4eca\u5e74\u5bf9\u5b57\u8282\u8df3\u52a8\u7684\u4f30\u503c\u5df2\u8fbe\u5230\u81f3\u5c111,000\u4ebf\u7f8e\u5143\u3002\u5176\u4ed6\u6295\u8d44\u8005\u5305\u62ec\u79c1\u52df\u80a1\u6743\u6295\u8d44\u516c\u53f8\u6cdb\u5927\u897f\u6d0b\u6295\u8d44\u96c6\u56e2(General Atlantic)\u548c\u65e5\u672c\u6295\u8d44\u5de8\u5934\u8f6f\u94f6\u96c6\u56e2\u80a1\u4efd\u6709\u9650\u516c\u53f8(SoftBank Group Corp., 9984.TO)\u3002\u5728\u8f6f\u94f6\u7684\u5176\u4ed6\u6295\u8d44\u51fa\u73b0\u95ee\u9898\u4e4b\u9645\uff0c\u5b57\u8282\u8df3\u52a8\u5df2\u6210\u4e3a\u8be5\u96c6\u56e2\u7684\u4e00\u4e2a\u6295\u8d44\u4eae\u70b9\u3002\u636e\u4e00\u4f4d\u719f\u6089\u8f6f\u94f6\u60f3\u6cd5\u7684\u77e5\u60c5\u4eba\u58eb\u900f\u9732\uff0c\u8f6f\u94f6\u81ea\u5df1\u4e5f\u5e0c\u671b\u4f5c\u4e3aTikTok\u7684\u6f5c\u5728\u7ade\u8d2d\u8005\u53c2\u4e0e\u7ade\u8d2d\uff0c\u4f46\u4f5c\u4e3a\u4e00\u5bb6\u5916\u56fd\u516c\u53f8\uff0c\u5176\u88ab\u8003\u8651\u7684\u53ef\u80fd\u6027\u4ecd\u7136\u5f88\u5c0f\u3002\u6cdb\u5927\u897f\u6d0b\u6295\u8d44\u96c6\u56e2\u548c\u8f6f\u94f6\u5747\u5bf9\u6b64\u4e0d\u4e88\u7f6e\u8bc4\u3002<\/p>\n
\u636e\u4e00\u4f4d\u4e86\u89e3\u7ade\u8d2d\u60c5\u51b5\u7684\u4eba\u58eb\u900f\u9732\uff0c\u5b57\u8282\u8df3\u52a8\u7684\u4e00\u4e9b\u6295\u8d44\u8005\u6b64\u524d\u66fe\u51c6\u5907\u4e86\u4e00\u4efd\u62a5\u4ef7\uff0c\u5bf9TikTok\u6240\u6709\u4e1a\u52a1\u7684\u4f30\u503c\u8d85\u8fc7300\u4ebf\u7f8e\u5143\u3002\u76ee\u524d\u5c1a\u4e0d\u6e05\u695a\u8fd9\u4e9b\u6295\u8d44\u8005\u76ee\u524d\u662f\u5426\u53c2\u4e0e\u4e86\u5bf9TikTok\u7f8e\u56fd\u4e1a\u52a1\u7684\u6f5c\u5728\u7ade\u8d2d\u3002<\/p>\n
\u4e00\u4f4d\u53c2\u4e0e\u4ea4\u6613\u7684\u4eba\u58eb\u8868\u793a\uff0c\u5f88\u591a\u516c\u53f8\u4ee5\u53ca\u8fd9\u4e9b\u516c\u53f8\u7684\u6bcd\u516c\u53f8\u90fd\u6253\u6765\u8fc7\u7535\u8bdd\uff0c\u4f46\u4e0d\u6e05\u695a\u54ea\u4e00\u65b9\u662f\u8ba4\u771f\u7684\uff0c\u4e5f\u4e0d\u6e05\u695a\u54ea\u4e00\u65b9\u53d7\u5230\u4e86\u5b57\u8282\u8df3\u52a8\u8ba4\u771f\u5bf9\u5f85\u3002<\/p>\n
\u5fae\u8f6f\u5df2\u7ecf\u4e0e\u5b57\u8282\u8df3\u52a8\u8fdb\u884c\u4e86\u6570\u5468\u7684\u8c08\u5224\uff0c\u5e76\u88ab\u8ba4\u4e3a\u662f\u6700\u6709\u53ef\u80fd\u4e0eTikTok\u8fbe\u6210\u4ea4\u6613\u7684\u516c\u53f8\u3002\u5fae\u8f6f8\u67082\u65e5\u66fe\u8868\u793a\uff0c\u6b63\u5bfb\u6c42\u6536\u8d2dTikTok\u5728\u7f8e\u56fd\u3001\u6fb3\u5927\u5229\u4e9a\u3001\u52a0\u62ff\u5927\u548c\u65b0\u897f\u5170\u7684\u4e1a\u52a1\uff0c\u5e76\u8ba1\u5212\u57289\u670815\u65e5\u4e4b\u524d\u7ed3\u675f\u8c08\u5224\u3002<\/p>\n
\u5fae\u8f6f\u5728\u58f0\u660e\u4e2d\u8868\u793a\uff0c\u53ef\u80fd\u4f1a\u9080\u8bf7\u5176\u4ed6\u7f8e\u56fd\u6295\u8d44\u8005\u4ee5\u5c11\u6570\u80a1\u6743\u7684\u5f62\u5f0f\u53c2\u4e0eTikTok\u7684\u4ea4\u6613\u3002\u8fd9\u5bb6\u8f6f\u4ef6\u5de8\u5934\u5e76\u4e0d\u9700\u8981\u8d22\u52a1\u5e2e\u52a9\u3002\u5fae\u8f6f\u5e02\u503c\u8d85\u8fc71.6\u4e07\u4ebf\u7f8e\u5143\uff0c\u5e76\u4e14\u8be5\u516c\u53f8\u516c\u5e03\u622a\u81f36\u6708\u4efd\u7684\u73b0\u91d1\u548c\u77ed\u671f\u6295\u8d44\u89c4\u6a21\u8d85\u8fc71,360\u4ebf\u7f8e\u5143\u3002\u76ee\u524d\u8fd8\u4e0d\u6e05\u695aTikTok\u5728\u7f8e\u56fd\u548c\u4e0a\u8ff0\u5176\u4ed6\u4e09\u4e2a\u56fd\u5bb6\u7684\u4e1a\u52a1\u4f30\u503c\u5c06\u662f\u591a\u5c11\uff0c\u4f46\u4f30\u8ba1\u4f1a\u8fbe\u5230\u6570\u767e\u4ebf\u7f8e\u5143\u3002<\/p>\n
\u5fae\u8f6f\u62d2\u7edd\u5c31\u5176\u53ef\u80fd\u5e0c\u671b\u5176\u4ed6\u6295\u8d44\u8005\u53c2\u4e0e\u7684\u539f\u56e0\u53d1\u8868\u8bc4\u8bba\u3002Bernstein Research\u7684\u5206\u6790\u5e08Mark Moerdler\u8868\u793a\uff0c\u5fae\u8f6f\u53ef\u80fd\u5e0c\u671b\u8ba9\u5b57\u8282\u8df3\u52a8\u7684\u73b0\u6709\u7f8e\u56fd\u6295\u8d44\u8005\u53c2\u4e0e\u5230\u8fd9\u7b14\u4ea4\u6613\u4e2d\u6765\uff0c\u4f46\u8ba9\u5176\u4ed6\u6295\u8d44\u8005\u53c2\u4e0e\u4e5f\u53ef\u80fd\u4ee4\u8fd9\u5b97\u672c\u5df2\u68d8\u624b\u7684\u4ea4\u6613\u66f4\u52a0\u590d\u6742\u3002 <\/p>\n
\u867d\u7136TikTok\u5c1a\u672a\u76c8\u5229\uff0c\u4f46\u51ed\u85c9\u5e7f\u53d7\u6b22\u8fce\u7684\u89c6\u9891\u5206\u4eab\u65b9\u5f0f\u5728\u7f8e\u56fd\u83b7\u5f97\u4e86\u8d85\u8fc71\u4ebf\u7528\u6237\uff0c\u4f7f\u5176\u6210\u4e3a\u8bb8\u591a\u79d1\u6280\u516c\u53f8\u773c\u4e2d\u6f5c\u5728\u7684\u5b9d\u8d35\u8d44\u4ea7\u3002\u4e0d\u8fc7\uff0c\u5982\u679c\u5176\u4ed6\u4e00\u4e9b\u79d1\u6280\u5de8\u5934\u60f3\u53c2\u4e0e\u7ade\u8d2dTikTok\uff0c\u4ed6\u4eec\u53ef\u80fd\u53d7\u5230\u6bd4\u5fae\u8f6f\u66f4\u4e25\u82db\u7684\u5bf9\u5f85\u3002\u82f9\u679c\u516c\u53f8(Apple Inc., AAPL)\u3001\u4e9a\u9a6c\u900a\u516c\u53f8(Amazon Inc., AZMN)\u3001\u8c37\u6b4c(Google)\u6bcd\u516c\u53f8Alphabet Inc. (GOOG)\u548cFacebook Inc. (FB)\u76ee\u524d\u90fd\u662f\u7f8e\u56fd\u76d1\u7ba1\u673a\u6784\u548c\u56fd\u4f1a\u8fdb\u884c\u53cd\u5784\u65ad\u8c03\u67e5\u7684\u5bf9\u8c61\uff0c\u8fd9\u4e9b\u516c\u53f8\u7684\u9996\u5e2d\u6267\u884c\u5b98\u4e0a\u4e2a\u6708\u5747\u51fa\u5e2d\u4e86\u4f17\u8bae\u9662\u53f8\u6cd5\u59d4\u5458\u4f1a\u7684\u542c\u8bc1\u4f1a\uff0c\u4e24\u515a\u8bae\u5458\u5c31\u8fd9\u4e9b\u516c\u53f8\u7684\u7ade\u4e89\u884c\u4e3a\u8868\u8fbe\u4e86\u6124\u6012\u4e4b\u60c5\u3002\u5fae\u8f6f\u5219\u57fa\u672c\u907f\u5f00\u4e86\u8fd9\u79cd\u4e25\u5bc6\u5ba1\u89c6\u3002<\/p>\n
\u4e86\u89e3\u76f8\u5173\u8ba8\u8bba\u60c5\u51b5\u7684\u4eba\u58eb\u8868\u793a\uff0cTwitter\u8ba4\u4e3a\uff0c\u7531\u4e8e\u81ea\u8eab\u89c4\u6a21\u5c0f\u5f97\u591a\uff0c\u56e0\u6b64\u4e0d\u592a\u53ef\u80fd\u9762\u4e34\u4e0e\u5fae\u8f6f\u6216\u5176\u4ed6\u6f5c\u5728\u7ade\u8d2d\u8005\u540c\u7b49\u7a0b\u5ea6\u7684\u53cd\u5784\u65ad\u5ba1\u67e5\u3002<\/p>\n
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