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Havish

. • 10m

What are your views on ByteDance (TikTok's parent company) taking a $9.5 Billion Loan?

https://medial.app/news/bytedance-taps-banks-for-dollar95-billion-asia-dollar-corporate-loan-sources-say-7ba96ad4d1110

5 Replies

Replies (5)

Anonymous 3

Hey I am on Medial • 10m

If ByteDance can't manage this debt effectively, it might face severe financial challenges down the line and people will come to their house asking to return money like Kotak people.

1 Reply

Nawal

Entrepreneur | Build... • 10m

I mean, it's okay for them - they are profitable and have good expansion as well as implementation strategy.

1 Reply

Anonymous 2

Hey I am on Medial • 10m

$9.5 billion loan is risky and could indicate financial instability or overreach

Anonymous 1

Hey I am on Medial • 10m

9.5B loan??? WTF???

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Havish

. • 10m

This is crazy! Bytedance, the parent company of TikTok made $120 Billion in revenue and $40 Billions in Ebitda in 2023. For comparison, Google made $97 Billion, Amazon got $100 Billion while Tesla just got little over $15 Billion in Ebitda in tge s

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TikTok's Owner ByteDance talks to sell the TikTok USA entity to Elon Musk. What's Your Views on the news

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Chamarti Sreekar

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Apps owned by TikTok's parent company, ByteDance operating in US: - TikTok - TikTok Lite - TikTok Studio - TikTok Shop - CapCut - Lemon8 - Hypic - Lark All these apps will be banned.

1 Reply