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

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.

from Reuters: Technology News https://ift.tt/2vsITNQ