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China's Bytedance Becomes World's Largest Internet Startup

by forbes.com posted 10months ago 48 views
China's Bytedance has become the world's largest Internet company after raising $3 billion at a $75 billion valuation. : China’s Bytedance has closed a funding round that values the company as the world’s largest internet startup. Local and international investors that include Japan’s Softbank Group, New-York-based KKR & Co., U.S. private equity firm General Atlantic and China-based investment firm Primavera Capital Group have committed to invest $3 billion in the company at a $75 valuation, according to a person familiar with the matter.

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