Bytedance raises $1.3b loan from Wall Street

Bytedance raises $1.3b loan from Wall Street

The logo for Beijing ByteDance Technology Co.'s Jinri Toutiao mobile app is displayed at the company's headquarters in Beijing, China, Photographer: Giulia Marchi/Bloomberg

Bytedance Ltd., China’s most valuable startup, has secured a $1.335 billion syndicated loan from a group dominated by Wall Street banks, according to people familiar with the matter.

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