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Wireless

Walmart joins Microsoft bid to acquire TikTok US business

Friday 28 August 2020 | 08:43 CET | News
Walmart has confirmed it's in talks to join Microsoft's bid to acquire TikTok's US business. The retail giant said its business could benefit from TikTok's success in integrating e-commerce and advertising in other markets, helping it reach more online customers and grow its third-party marketplace and advertising businesses. Walmart said its partnership with Microsoft could not only meet the expectations of US TikTok users but also satisfy US government regulators.

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Categories: Mobile & Wireless
Companies: Microsoft / TikTok
Countries: United States / World
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