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ByteDance Seeks About $20 Billion in Largest-Ever Offshore Loan

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2026-06-24 04:39:12
ByteDance Ltd., the developer of TikTok, is in preliminary talks with banks to borrow about $20 billion in what would be its largest offshore loan, according to Bloomberg.

The discussions come as the company boosts investments in artificial intelligence, people familiar with the matter said.
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