ByteDance gets $30 billion loan, Bloomberg News reports
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FILE PHOTO: Bytedance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration//File Photo
Sept 3 (Reuters) - 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.
(Reporting by Nethra Sailesh in Bengaluru; Editing by Mrigank Dhaniwala)
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