ByteDance Ltd. is considering selling a minority stake in Poizon, an online marketplace for sneakers, according to people familiar with the matter.
The TikTok owner has engaged in talks about a sale of a low single-digit percentage-point stake, and would prefer to sell to an existing investor, the people said. Poizon, formally known as Shanghai Shizhuang Information Technology Co., is valued at more than $10 billion, they said, asking not to…