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Walmart wanted to strike majority of TikTok; collaborated with Alphabet, SoftBank
The TikTok website of ByteDance Ltd. is displayed on a smartphone in a remote photo. Andrew Harrer | Bloomberg | Getty Images Walmart and Microsoft may seem like an unlikely partnership to acquire TikTok’s US assets, but until very recently the retailer had other plans. Before Walmart partnered with Microsoft …
Read More »With bids on TikTok, Walmart is looking to turn a political turmoil in its own favor
For Walmart, a political tug-of-war over TikTok has become an opportunity to follow an app with a huge fan base. The company confirmed Thursday that it is partnering with Microsoft to buy the tech platform, which is owned by Beijing-based ByteDance. The parent company of TikTok is looking for a …
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