Amazon's Surprise Bid For TikTok As U.S. Ban Threat Looms

Benzinga
2025.04.02 18:21
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Amazon has made a surprise bid to acquire TikTok as the app faces a potential U.S. ban due to its ties with a Chinese parent company. Despite skepticism about the seriousness of the bid, Amazon's proposal highlights ongoing negotiations regarding TikTok's future. The e-commerce giant has a vested interest in TikTok, as influencers drive sales to its marketplace. However, TikTok has stated it is not for sale, and it remains uncertain if any deal will comply with federal law.