ByteDance Bags 500M At 360B & 370B

Company: ByteDance  

Fund Raised: $500 Million 

Investor: Angel Investors

CEO: Zhang Yiming and Liang Rubo

Future Plans: CEO Zhang Yiming and Liang Rubo said that we use these funds to overtake market with new marketing strategies.   

Also, read Virtana Bags $73M In Seed Funding Round

ByteDance Ltd., a social media platform raises $500 million at a valuation of $360 billion in first round and $370 billion in second round. ByteDance acquired by 2 US companies.

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