ByteDance gets $30 billion loan, Bloomberg News reports
FILE PHOTO: Bytedance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration//File Photo
Sept 3 : Bytedance has secured a $29.6 billion loan, Bloomberg News reported on Thursday, citing people familiar with the matter.
The Chinese tech giant was originally seeking a $20 billion facility, but increased the size after gathering strong commitments from banks, Bloomberg News reported.
Reuters could not immediately verify the report.
Source: Reuters
