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ByteDance seeks $20 billion in its largest-ever offshore loan, Bloomberg News reports

ByteDance seeks $20 billion in its largest-ever offshore loan, Bloomberg News reports

Source Summary

Chinese technology company ByteDance, the developer of ​TikTok, is in preliminary ‌talks with banks for its largest offshore loan ​of about $20 billion, Bloomberg ​News reported on Wednesday, ⁠citing people familiar with ​the matter.

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