TikTok

Walmart joins Microsoft bid for TikTok US

Retailer says deal for video app would boost its marketplace and ad businesses

Walmart has partnered with Microsoft to bid for the US operations of TikTok, the popular Chinese-owned video sharing app that President Donald Trump has vowed to shut down unless it is sold to a US company by mid-November.

The world’s largest retailer said in a statement that it was confident its joint bid with the tech giant would satisfy the Trump administration, which has accused the app owned by Chinese company ByteDance of threatening national security.

Walmart’s interest in the social media platform, which would take it far from its business of selling a wide range of consumer goods and groceries, is a sign of the company’s aspirations to expand online as it takes on Amazon.

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