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Business · 8 hours ago

ByteDance gets $29.6 billion loan, Bloomberg News reports

ByteDance gets $29.6 billion loan, Bloomberg News reports

Chinese tech giant ByteDance, owner of TikTok, secured a $29.6 billion loan after initially seeking $20 billion. The company increased the loan amount due to strong interest from banks, Bloomberg News reported on Thursday.

Reported by Reuters · How we write briefs

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