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3w ago

Amazon Submits Late Bid to Acquire TikTok as Divestment Deadline Nears

With an April 5 deadline approaching, Amazon's offer is viewed skeptically by stakeholders, while ByteDance maintains selling TikTok's U.S. operations is unfeasible.

Das Logo der Social-Media-App Tiktok. (Archivbild)
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Overview

  • Amazon has formally expressed interest in acquiring TikTok, submitting an offer to U.S. officials, including Vice President J.D. Vance and Commerce Secretary Howard Lutnick.
  • Key stakeholders involved in the TikTok divestment process reportedly do not view Amazon's bid as a serious proposal.
  • ByteDance, TikTok's Chinese parent company, continues to assert that selling only the U.S. portion of the platform is not feasible without dismantling its global operations.
  • The U.S. government mandated ByteDance to divest TikTok's U.S. operations by April 5, 2025, citing national security concerns over data security and potential Chinese government influence.
  • Oracle remains a potential buyer, having already been tasked with securing U.S. user data, while Amazon's AWS infrastructure is noted as capable of supporting TikTok's scale.