ByteDance Raises Doubao Share Price to $17.02 and Expands Cash-to-Equity Option for Some Staff

ByteDance has raised the internal price of its Doubao shares to $17.02 from $14.85 in June, according to a report cited in the source material. That marks a 14.6% increase in two months and a cumulative gain of 30.1% from the April buyback price of $13.08. The report says some employees are now allowed to adjust their compensation structure by converting part of their cash package into Doubao shares. The allocation cap varies by employee. For some L2 and L3 staff, the full allocation ratio is 20%, while some L3 and L4 staff may reach 25% or 30%. ByteDance has also increased Doubao share grants, with some employees receiving additional quota equal to about 5% of total compensation. The policy does not apply to all employees. It mainly covers teams tied to Seed, including pre-training, multimodal and VLM large-model groups, as well as Flow’s main Doubao app team. Some teams with deeper links to Seed and the Doubao infrastructure, including Ark, may also be eligible.