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TikTok’s parent ByteDance raises cash at US$180 billion valuation

TikTok’s parent ByteDance raises cash at US$180 billion valuation

ByteDance is in the throes of fighting a Trump administration ban on TikTok in the US after the video service was labelled a national security threat. It’s now seeking US and Chinese government approvals for a deal to sell a stake in the app to Oracle and Walmart.
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