Tiger Global Management has acquired a stake in SoftBank-backed Bytedance, which is now valued at up to $100bn, over the past couple of years.

Bytedance, a China-based digital media group backed by telecommunications group SoftBank, has raised an undisclosed amount from investment firm Tiger Global Management over the past 21 months, the Financial Times reported on Monday. Tiger Global revealed the news in a letter sent to investors this week that was seen by the FT, but has not…

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