US EditionWalmart considers joining investor group to buy TikTok: ABC News
- Walmart is considering joining a group of investors to acquire TikTok, according to sources close to the deal, as reported by Selina Wang from ABC News.
- Walmart's interest in TikTok was reignited by Amazon entering the bidding process, which follows Walmart's previous interest in 2020.
- Several investors, including Amazon, Oracle, and Applovin, are reportedly competing to purchase TikTok before a deadline is set to expire.
- President Trump is expected to sign an executive order extending the deadline for TikTok to be either banned or sold.
12 Articles
12 Articles
Walmart considering purchase of TikTok: ABC News
Could Walmart be getting into the social media game? The company is considering putting in a bid for TikTok after President Donald Trump on Friday extended the April 5 deadline for Chinese company ByteDance to find a buyer for the app or be banned in the U.S., adding 75 days to create a new deadline […]
MyCentralOregon.com
Walmart is considering buying TikTok, sources say
Cheng Xin/Getty Images (NEW YORK) — Walmart is actively considering joining a group of investors to buy TikTok, according to sources close to the deal, who say Walmart’s interest was triggered by Amazon throwing their hat into the ring. Back in 2020, Walmart said it was teaming up with Microsoft to make a bid for TikTok. The app would give the retail giant access to hundreds of millions of consumers who could become their customers and audiences…
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