Amazon.com has submitted a last -minute offer for the purchase of the Tiktok platform, according to an article published on Wednesday by New York Times, which cites three familiar sources with the situation.
Tiktok PHOTO PLATFORM: Pixabay
US President Donald Trump is about to discuss the future Tiktok on a scheduled meeting at the Oval Office on Wednesday and could evaluate a final proposal on the application, a White House official told Reuters.
Amazon refused to comment, and Tiktok and the Byteddance Mother-Mother company did not respond immediately to the requests for statements. Amazon shares increased by 1.3%, against the background of an increase in the traded volume, after publishing the article, writes News.ro.
According to the New York Times, several parts involved in negotiations do not seem to treat the Amazon offer. The offer would have been sent in the form of a letter to Vice President JD Vance and the Secretary for Trade Howard Lutnick.
The American giant in the field of online technology and trade is the latest name that appears on the list of potential buyers of Tiktok. Last month, Trump said that his administration is in contact with four different groups on the sale of the platform, without nominating them.
According to a Reuters article last week, the Blackstone investment fund is discussing to join the existing non-Chinese shareholders of Bytedance, led by Susquehanna International Group and General Atlantic, to contribute to a new capital for the American Division of Tiktok.
Also, the risk -capital capital company Andreessen Horowitz is involved in negotiations to add external investments meant to take over by Chinese investors, as part of an offer led by Oracle (ORCL.N) and other American investors, according to an article in the Financial Times on Tuesday.
The discussions coordinated by the White House aim to create an independent American entity for Tiktok, in which the share of Chinese shareholders is reduced below the 20%threshold, according to the requirements of American legislation, Reuters said last month.
The future of the application, used by almost half of the Americans, became uncertain after a law adopted in 2024 with overwhelming bipartisan support required Bytedance to sell its participations until January 19th.
Washington claims that the fact that Tiktok is owned by Bytedance makes it vulnerable to the influence of the Chinese government, which could use the application for influence operations and data collection on American citizens.
Amazon has previously tested the market of social networks through its own short video platform, inspired, similar to Tiktok, integrated into its mobile application. However, last month, several media publications reported that Amazon has closed the Inspire platform.
