ByteDance in talks to borrow up to $5 bln - The Information ...Middle East

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ByteDance, the Chinese owner of short-video platform TikTok, is in talks with banks to borrow up to $5 billion to refinance debt and pay for overseas expansion, The Information reported https://www.theinformation.com/articles/bytedance-in-talks-to-borrow-up-to-5-billion-to-fund-overseas-expansion on Wednesday, citing people with knowledge of the matter.

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