Amazon reportedly submits last-minute bid to acquire TikTok

Quick Summary:

Amazon has submitted a bid to acquire all of TikTok, according to a new report from The New York Times.

The last-minute bid comes as TikTok faces an April 5 deadline to shed its Chinese ownership or face a ban in the U.S.

Last week, Reuters reported that private equity firm Blackstone is considering joining ByteDance’s current non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in providing fresh capital to bid for TikTok’s U.S.operations.

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Article Details

Author / Journalist: Aisha Malik

Category: Technology

Markets: United States

Topics: TikTok Apps Social TikTok Ban Amazon

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 16:43:09 (1 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 175 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27544954

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