This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
ByteDance Overseas Loan Oversubscribed, Total Raised to $29.6 Billion
N
News EditorByteDance is in early talks for a $29.6 billion overseas loan after receiving over $30 billion in orders, according to people familiar with the matter. The TikTok parent initially sought $20 billion.
ByteDance is in early-stage negotiations for an overseas loan totaling up to $29.6 billion, sources familiar with the matter told Tech in Asia. The TikTok parent initially sought $20 billion in loan commitments but increased the amount after receiving over $30 billion in orders. The company has now set the total at $29.6 billion.
1300
Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.