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Battle For TikTok: Amazon, AppLovin Join Oracle And These Others Vying To Buy It
APPApplovin(APP) Forbes·2025-04-02 20:37

Core Viewpoint - Amazon and AppLovin have made acquisition offers for TikTok, joining other potential buyers like Oracle and Microsoft, as the deadline for TikTok to sell to an American company or face a ban approaches on April 5 [1][4]. Group 1: Acquisition Offers - Amazon's offer is for the entirety of TikTok, but some parties involved in negotiations reportedly do not take Amazon's bid seriously [1]. - AppLovin has also made an offer for TikTok and has discussed backing the bid with billionaire casino magnate Steve Wynn [2]. - AppLovin has indicated to the Trump administration that it could address national security concerns if it owned TikTok [3]. Group 2: National Security Concerns - The Trump administration is focused on finalizing a deal that addresses national security concerns related to TikTok, with discussions ongoing among key officials [4][5]. - The law mandating TikTok's sale or ban was signed by former President Joe Biden due to bipartisan national security concerns regarding data privacy and potential spying by China [7]. Group 3: Other Potential Buyers - In addition to Amazon and AppLovin, Oracle is considered a leading suitor for TikTok, with discussions about a deal that would give Oracle oversight of TikTok's U.S. data [6]. - Other interested parties include Walmart, video-sharing platform Rumble, Perplexity AI, YouTuber MrBeast, and billionaire Frank McCourt's Project Liberty [6].