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ByteDance gets $30 billion loan, Bloomberg News reports

By Thomson Reuters Sep 2, 2026 | 9:58 PM

Sept 3 (Reuters) – Bytedance has secured a $29.6 ​billion ‌loan, Bloomberg News reported on Thursday, ‌citing ​people ⁠familiar with ⁠the matter.

The Chinese tech giant ​was originally ⁠seeking ⁠a $20 billion ​facility, but ​increased the size ‌after gathering strong commitments ⁠from banks, Bloomberg News reported.

Reuters ⁠could ‌not ⁠immediately verify ​the ‌report.

(Reporting ​by Nethra ⁠Sailesh in Bengaluru; Editing by Mrigank ​Dhaniwala)