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Amazon reportedly submits last-minute bid to acquire TikTok
AMZNAmazon(AMZN) TechCrunch·2025-04-02 16:43

Group 1 - Amazon has submitted a bid to acquire all of TikTok, coinciding with a deadline for TikTok to divest its Chinese ownership by April 5 to avoid a ban in the U.S. [1] - The seriousness of Amazon's bid is questioned, as the involved parties do not appear to take it seriously according to reports [1] - President Trump is set to meet with officials to discuss TikTok's future, indicating that a deal with ByteDance is expected to be finalized before the April 5 deadline [2] Group 2 - Andreessen Horowitz is reportedly in talks to invest in TikTok as part of an Oracle-led bid that includes other American investors [2] - Blackstone is considering joining ByteDance's current non-Chinese shareholders to provide fresh capital for a bid for TikTok's U.S. operations [3]