World's most valuable startup ByteDance to raise about $1.45b for its venture fund

World's most valuable startup ByteDance to raise about $1.45b for its venture fund

Photo: Bloomberg

Beijing ByteDance Technology Co, one of the world’s most valuable startups, is in talks to raise about $1.45 billion (9.97billion yuan) to invest in artificial intelligence and media content, The Information website reported on Friday.

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