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China's Bytedance buying lip-sync app Musical.ly for up to $1 billion

HONG KONG/SHANGHAI (Reuters) - Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup.

SOURCE: Reuters at 11:59pm on November 9, 2017 ☆ ⚑

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