Daily Tech News, Interviews, Reviews and Updates

Mega retailer Walmart partners with Microsoft in a bid for TikTok

Walmart, the world’s largest retailer, said it’s teaming up with Microsoft in a bid for TikTok. The retail giant confirmed that it’s interested in purchasing the popular video-sharing application.

The US retail giant believes “a potential relationship” with TikTok US in collaboration with Microsoft could provide it with an important way to reach and serve omnichannel customers as well as grow its third-party marketplace and advertising businesses.

“We are confident that a Walmart and Microsoft partnership would meet both the expectations of US TikTok users while satisfying the concerns of US government regulators,” Walmart said.

TikTok’s Beijing-based owner ByteDance has been in talks to sell TikTok’s North American, Australian and New Zealand operations to companies including Microsoft and Oracle, sources revealed.

Since its global launch, Tiktok has attracted a huge following, especially amongst teenagers.

Readers like you help support The Tech Outlook. When you make a purchase using links on our site, we may earn an affiliate commission. We cannot guarantee the Product information shown is 100% accurate and we advise you to check the product listing on the original manufacturer website. Thetechoutlook is not responsible for price changes carried out by retailers. The discounted price or deal mentioned in this item was available at the time of writing and may be subject to time restrictions and/or limited unit availability. Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates Read More
You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More