Walmart is actively considering joining a group of investors to buy TikTok, according to sources close to the deal.
Trump gave China’s ByteDance until Saturday to sell or divest its U.S. TikTok business. A source confirmed to NBC News that the e-commerce giant had made a last-minute pitch.
A few richie-riches have made offers to buy TikTok, but Amazon is the most high-profile potential buyer thus far. And the marriage would be a match made in capitalist heaven. If you’ve spent any time on TikTok,
Amazon has submitted a last-minute bid to acquire TikTok, according to a Trump administration official, as the U.S. faces a looming Saturday deadline for the platform to be sold or banned.The official,
The situation underscores the complex interplay between national security interests and corporate investments, as TikTok navigates its future in the American market. TikTok’s integration into retail shopping through influencer marketing aligns seamlessly with Amazon’s e-commerce strategy.