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Softbank invests in Chinese internet technology firm Bytedance - report

Monday 29 October 2018 | 11:36 CET | News
Chinese technology company Bytedance, owner of the Tik Tok video sharing platform and Toutiao news aggregator platform, has raised USD 3 billion from Softbank Group and other investors, Bloomberg News reports. According to unnamed people familiar with the matter, this values the company at USD 75 billion, making it the world's most valuable start-up.

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Categories: Internet
Companies: Bytedance / Softbank
Countries: China / World
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