ByteDance has initiated a stock incentive program for employees of its Seed AI division, offering discounted stock options tied specifically to this unit. This marks the first time ByteDance has issued equity linked to a particular business segment, allowing employees to benefit directly from the Seed division's growth. The company has opened subscription rights for "DouBao shares" to Seed employees globally at $13 per share, reflecting a nearly 30% increase from the $10 per share value at the end of last year.
ByteDance Offers Stock Options to Seed AI Unit Employees
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