Walmart (WMT) is "actively considering" getting involved with a group of investors to acquire TikTok, ABC News' Selina Wang said Friday on an X post, citing sources close to the deal.
The interest was triggered by Amazon (AMZN), which is showing interest to acquire the social media platform, Wang said.
Walmart did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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