Primavera Capital invested $3bn in Beijing Byte Dance Telecommunications.

Synopsis

Primavera Capital, private equity firm, invested $3bn in Beijing Byte Dance Telecommunications, a Chinese Internet technology company operating several machine learning-enabled content platforms.

Principals

target

Beijing Byte Dance Telecommunications

bidder

Primavera Capital

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Market Context

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Seller Team (1)

yiming zhang

Founder and CEO at BEIJING BYTE DANCE TELECOMMUNICATIONS

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

qiuning (frank) sun

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 8.59 B

Total Value

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