According to a report by the technology blog 9to5google, TikTok is currently planning to find a buyer before the November 12 deadline set by Trump. There are rumors that, from Microsoft, Oracle to Twitter, many companies have joined the ranks of the TikTok acquisition. According to the latest report, Alphabet is considering acquiring part of TikTok’s equity.
According to Bloomberg News, Google’s parent company Alphabet may acquire a “minority stake” in TikTok. In view of the huge regulatory pressure in the United States and the world, Google itself is unlikely to make an acquisition. In addition, Google already owns YouTube, and YouTube is developing competing products.
The current valuation of TikTok’s business in the United States is between 20 and 50 billion US dollars.