Walmart May Join Group Pursuing TikTok Following Amazon's Interest, ABC News Says

Dow Jones

04-05

By Denny Jacob

--Walmart is actively considering joining a group of investors trying to buy TikTok following Amazon's 11th hour bid, ABC News reported, citing sources close to the deal.

--The retailer in 2020 said it was teaming up with Microsoft to make a bid for the Chinese-owned social video app, ABC News said.

--The Trump administration is considering a deal to save TikTok that would have China maintaining control of the algorithm that will be leased to a U.S. company, with a minority ownership stake, ABC New reported.

--The White House and Walmart didn't immediately respond to requests for comment, according to ABC News.

Full story at https://abcnews.go.com/Politics/walmart-buying-tiktok-sources/story?id=120494441&cid=social_twitter_abcn

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

April 04, 2025 14:05 ET (18:05 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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 By Denny Jacob \n</p>\n<p>\n  --Walmart is actively considering joining a group of investors trying to buy TikTok following Amazon's 11th hour bid, ABC News reported, citing sources close to the deal. \n</p>\n<p>\n  --The retailer in 2020 said it was teaming up with Microsoft to make a bid for the Chinese-owned social video app, ABC News said. \n</p>\n<p>\n  --The Trump administration is considering a deal to save TikTok that would have China maintaining control of the algorithm that will be leased to a U.S. company, with a minority ownership stake, ABC New reported. \n</p>\n<p>\n  --The White House and Walmart didn't immediately respond to requests for comment, according to ABC News. \n</p>\n<p>\n  Full story at https://abcnews.go.com/Politics/walmart-buying-tiktok-sources/story?id=120494441&amp;cid=social_twitter_abcn \n</p>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 04, 2025 14:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0661504455.SGD","symbol_name":"Blackrock Global Equity Income A5 SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2525973603","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525973603","pubTimestamp":1743789900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Walmart is actively considering joining a group of investors trying to buy TikTok following Amazon's 11th hour bid, ABC News reported, citing sources close to the deal.--The retailer in 2020 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considering a deal to save TikTok that would have China maintaining control of the algorithm that will be leased to a U.S. company, with a minority ownership stake, ABC New reported. \n\n\n  --The White House and Walmart didn't immediately respond to requests for comment, according to ABC News. \n\n\n  Full story at https://abcnews.go.com/Politics/walmart-buying-tiktok-sources/story?id=120494441&cid=social_twitter_abcn \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 04, 2025 14:05 ET (18:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}