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ByteDance in Talks to Raise $2 Billion at $180 Billion Valuation

By Martin Peers
· · Source: Bloomberg

ByteDance is in talks to raise $2 billion from investors including Sequoia at a valuation of $180 billion, Bloomberg reported. That’s a big lift in ByteDance’s valuation. The company last raised money at a $75 billion valuation in 2018 although its shares recently have traded on the secondary market at a valuation of $140 billion. The fundraising would come ahead of a planned public...

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