ByteDance says Douyin, the Chinese version of TikTok, has 600M DAUs, up from 400M DAUs at the start of the year (Zheping Huang/Bloomberg)

Home buying startup Opendoor announces it’s going public by merging with Chamath Palihapitiya’s SPAC  —  Today, Social Capital Hedosophia II, the blank-check company associated with investor Chamath Palihapitiya, announced that it will merge with Opendoor, taking the private real estate startup public in the process.

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