ByteDance has recently held a briefing on its Doubao-linked employee shares and rolled out a new policy for relevant staff, according to a report cited by ChainCatcher from Dachang Ribao. Under the adjustment, the Doubao share price was raised from $14.85 per share in June to $17.02 per share, a gain of about 14.6%. The company also increased Doubao share allocations, with some employees eligible for grants worth roughly 5% of their total compensation package. In addition, employees can choose to convert part of the cash portion of their package into Doubao shares at a set ratio, with the exact ratio varying by job level. The changes mainly apply to large-model teams under Seed, including pre-training, multimodal and VLM units, as well as the main Doubao app team under Flow. From $13.08 in April to $17.02 in August, the Doubao share price rose about 30.1% in less than half a year, roughly double the approximately 14.5% increase recorded by ByteDance options over the same period.
ByteDance has recently held a briefing on Doubao shares and introduced a new policy for relevant employees, according to Dachang Ribao in a report cited by ChainCatcher.
Under the new arrangement, the Doubao share price was adjusted from $14.85 per share in June to $17.02 per share, representing an increase of about 14.6%. ByteDance also increased Doubao share grants, with some employees eligible for an allocation worth roughly 5% of their total compensation package.
Employees can also choose to convert part of the cash portion of their compensation into Doubao shares at a certain ratio. That ratio varies by job level.
The adjustment mainly targets large-model teams under Seed, including pre-training, multimodal and VLM units, along with the main Doubao app team under Flow.
From $13.08 in April this year to $17.02 in August, the Doubao share price gained about 30.1% in less than half a year. That compares with an approximately 14.5% increase in ByteDance options over the same period.
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