Digital media company Bytedance has agreed $3bn in a round set to be led by SoftBank that will reportedly value it at $75bn.

China-based digital media company Bytedance has agreed to raise $3bn from investors including telecommunications group SoftBank at a $75bn valuation, Forbes reported yesterday, citing a person familiar with the matter. Growth equity firm General Atlantic and investment firms KKR and Primavera Capital Group also took part in the round. A source told Bloomberg that SoftBank…

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