Factbox groups that have a bid for tiktok or expressed interest
(Reuters) president Donald Trump on Tuesday announced an agreement between the US and China to make Tiktok work in the United States, a breakthrough in months -long talks between the two largest economies as they try to defuse a wide trade war that elicited the world markets. The agreement was similar to one discussed earlier this year, Reuters reported and demanded that the US assets of China’s bite dance be transferred to US owners, possibly resolving a saga that lasted for almost a year. “We have a group of very large businesses that want to buy it,” Trump said before a long deadline on December 16 to sell or close the short video app in the US tapping, which is used by about 170 million Americans, has attracted several sugars. Here is a list of potential buyers as well as parties who have expressed interest in Tiktok: existing shareholders The basics of the new agreement, also similar to one discussed in April, include that attendance will hold the largest ownership of the largest ownership at 19.9%, just below a 20% threshold, Reuters reported. The consortium that would own 80% includes current shareholders Susquhanna International Group (Sig), General Atlantic and KKR, the current shareholders. Oracle, Andreessen Horowitz and Silver Lake’s new investor Andreessen Horowitz and Oracle are likely to take an interest, Reuters reports. Cloud Computing Company Oracle, which has a market value of more than $ 871 billion, provides the most important cloud computer services for execution of Tiktok’s US operations, and controls servers offering US users’ data, making it a key figure to manage the company’s daily operations. The investment firm Silver Lake will also invest under the New Deal, reports The Wall Street Journal. Amazon.com Tech Giant Amazon, which has a market appreciation of over $ 2.5 trillion, made an offer from the last moment to buy Tiktok’s assets outside China. A US official confirmed that Amazon sent a letter to Vice President JD Vance and the Secretary of the Department of Trade Howard Lutnick. Onlyfans founder in partnership with a Cryptocurrency Foundation A startup management by Tim Stokely, founder of the social media website for adults, had a partnership with a cryptocurrency foundation to submit a late-phase plan to obtain a short video app from Chinese owner. The intention to bid was sent to the White House this week by Zoop, the new billionaire company Stokely, and the Hbar Foundation, which runs the Treasury of the Hedera Cryptocurrency Network. Applovin Marketing Platform Applovin, which has a market value of $ 204 billion, has submitted a bid for Tiktok assets outside China. “Our proposal is an improvement for the current transaction discussed with Oracle and investors, but it is a greater agreement. One where we will merge with the entire Tiktok Global outside China,” Applovin CEO Adam Foroughi said in a statement. “We haven’t had significant talks with investors yet, including no one with Steve Wynn, and doesn’t need investment for the agreement, but it could possibly welcome some of the right strategies,” Foroughi added. Confusing AI-powered search engine startup perplexity AI suggested that Tiktok’s US operations be obtained. In January, Reuters reported that confusion revised the merger proposal that submitted it to Tiktok’s Chinese parent meeting to create a new entity that combines confusion and our proposal asks for the US government to own up to 50% of the new company on a future initial public offering. Reddit co-founder and Frank McCourt entrepreneur and former owner of Los Angeles Dodgers, Frank McCourt, announced in March that Alexis Ohanian, the co-founder of Reddit and a venture cap, has joined to obtain Tiktok’s US operations as a strategic adviser that specializes in social media. McCourt said Ohanian would help promote the Liberty Bid Project to buy the US assets of tiktok, which he calls “the people’s bid”, because he can manage the app on technology that users can control how their data will be used and shared. Entrepreneur Jesse Tinsley and Mrbeast a group of investors led by technical entrepreneur and founder of employer.com, Jesse Tinsley, including YouTube personality Mrbeast, whose real name is Jimmy Donaldson, made an everyday bid to value $ 30 billion for tiktok’s US operations. Microsoft Trump told reporters in January that Microsoft was in talks to get Tiktok and that he would like to see a bid war on the app. The Windows Maker has a market value of $ 3.78 trillion. During his first term, Trump ordered tapping to separate his US version of the bite dance, referring to national security issues. Microsoft came up as a top bidder in 2020, but the talks soon collapsed, and Trump’s reputation pressure ended a few months later when he left office. (Reporting by Jaspreet Singh, Zaheer Kachwala, Arsheya Bajwa and Deborah Sophia in Bengaluru; Juy Babu in Mexico City; Editing by Alan Barona)