Hi @Shreya Agrawal,
You could refer to the following document
After doing some research, we could only update one item likedByInformation with a single rest api call. But we could get all items likedByInformation by following api
http://sharepointsite.com/sites/sitename/_api/Web/Lists/GetByTitle('List%20Name')/items?$select=Title,LikesCount,LikedBy/Title&$expand=LikedBy
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