ByteDance gets $30 billion loan, Bloomberg News reports

ByteDance gets $30 billion loan, Bloomberg News reports

​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.

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