China's Bytedance seeks to raise $3 billion at up to $75 billion valuation: sources

China's Bytedance seeks to raise $3 billion at up to $75 billion valuation: sources

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-bytedance-fundraising/chinas-bytedance-seeks-to-raise-3-billion-at-up-to-75-billion-valuation-sources-idUSKBN1KT0YP

Beijing Bytedance Technology Co, owner of China's leading news aggregator Jinri Toutiao, aims to raise about $3 billion in its latest funding round that would see its valuation soar to as high as $75 billion, people with direct knowledge of the matter said.

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