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583 China’s Kuaishou to Raise $2 Billion in Bond Offering

The Information
Juro Osawa @ The Information · today 01:38 EDT

China’s Kuaishou to Raise $2 Billion in Bond Offering

Kuaishou Technology, which competes with ByteDance in China, on Friday announced a bond sale of $2 billion, in a move that could enable it to ramp up its AI investments. Hong Kong-listed Kuaishou is issuing $1.5 billion in U.S.-dollar denominated notes and about $500 million in offshore yuan ...

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