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ByteDance Said to Be Raising $600 Million for Car App Dongchedi

By Yahoo! Finance   |   Sep 6, 2024 at 01:59 AM EST
ByteDance Said to Be Raising $600 Million for Car App Dongchedi

ByteDance is securing $600 million for its car platform Dongchedi, valued at $3 billion. The company is refocusing its businesses for long-term growth, including considering selling Shanghai Moonton Technology Co. Dongchedi has 35.

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