FILE PHOTO: Bytedance logo is seen in this illustration taken February 8, 2025. REUTERS/Dado Ruvic/Illustration//File Photo

03 Sep 2026 10:58AM

(Updated: 03 Sep 2026 11:07AM)

Sept 3 : 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.

Source: Reuters