 |
| Triller Offers $ 20 Billion To Buy Tik Tok |
Bloomberg reported that LitTalk, a competitor app (Triller), and Centricus, a global investment firm, were the buyers of TikTok's recent $ 20 billion acquisition.
This means they join Oracle, Microsoft, and Twitter who want popular short video applications.
According to a Bloomberg report, a TikTok spokesperson told Reuters that the company had not received the offer or had contacted the potential offer and downplayed the idea to Bloomberg, saying the company had not received the offer or prospect. Display not connected. The deal was unreasonable.
This begs the question whether the proposed deal among the most popular social media apps in the US is a serious bid or an advertisement.
However, Triller confirmed the offer, claiming that it shipped directly to TikTok's owner, ByteDance, not TikTok itself.
Triller CEO Bobby Sarnevecht said in a statement, “We have placed an offer for BitDance directly through Centricus and have confirmed our receipt of it. We have not placed an offer for Tik Tok and Tik Tok.” We didn't participate at all, we just contacted the CEO directly.
He added, "We know that our show is disrupting TikTok executives in the US." Because it will disrupt transactions that could be most beneficial to them, but not the shareholders, and they will do everything in their power to disrupt and block our offer. Is considered true. ''
As Bloomberg's source originally described, the Triller and Centricus offer would allow Centricus to pay TikTok's parent $ 10 billion, ByteDance, and secure an additional $ 10 billion in shared profits. Tik Tok is originally from the USA, Australia, New Zealand and India.
Triller, who runs a service similar to TikTok and is supposed to help Centricus launch the video app after purchase, will have a small stake in the project.
Since President Donald Trump issued an Executive Order, TikTok's fate has been in trouble. The order states that parent company ByteDance would sell or withdraw some shares in the US company, citing the Chinese company's national security concerns.
In the weeks that followed, several companies expressed an interest in purchasing TikTok assets. Microsoft was the candidate, followed by computer software giant Oracle, and negotiations with ByteDance were ongoing.
Microsoft has since announced an unexpected partnership with Walmart to purchase TikTok assets.
Twitter and Netflix have reportedly discussed the potential purchases, and Alphabet, Google's parent company, has confirmed there is no competition.
The Triller app has 65 million monthly active users compared to the 100 million Tik Tok users in the US.