Amazon Submits Bid to Acquire TikTok Ahead of Deadline

Amazon Submits Bid to Acquire TikTok Ahead of Deadline

In a surprising move, Amazon has reportedly submitted a bid to acquire TikTok, just days before the looming deadline for potential buyers. 

This comes as part of an ongoing effort by the Chinese-owned video-sharing app to resolve regulatory concerns in multiple countries, including the United States.

Amazon’s bid to acquire TikTok was submitted ahead of a key deadline, which is expected to influence the future of the popular social media platform. The deal, if successful, would mark a significant shift in the tech landscape, with the retail giant seeking to expand its reach into the fast-growing short-video market.