ByteDance seeks $60bn for TikTok as Trump gives blessing to Oracle/Walmart deal

clock • 3 min read

Oracle and Walmart will take a combined 20 per cent stake of a newly established company TikTok Global

Chinese tech giant ByteDance is seeking a valuation of $60 billion for its video sharing app TikTok under a new agreement that has received the approval of US President Donald Trump. According t...

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