** Shares of Amazon AMZN.O rise 1.5% to $195.1 after New York Times report says the e-commerce giant has bid to buy TikTok
** Amazon has put in a last-minute offer to buy the short-form video app in the U.S., NYT reports, citing sources familiar with the matter
** Amazon's came via an offer letter to U.S. Vice President JD Vance and commerce secretary Howard Lutnick, the report adds
** President Donald Trump on Wednesday will consider a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer or face a ban in the country, a White House official told Reuters on Tuesday
** Up to last close, stock had fallen 12.4% YTD
(Reporting by Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.