Source: South China Morning PostByteDance has more than doubled its internal valuation in a new stock option plan for employees, as strong performance by its short video-sharing platform TikTok raised optimism about its business outlook, said two people with knowledge of the matter.The company has offered employees the option of exchanging their bonuses for ByteDance’s untraded stocks at US$126 per share, compared with last year’s offer of under US$50, according to the people. In 2019, the price was US$44, according to…Read More