There are 71 more days to make a deal for Tikokok after the White House expanded last week last week, yet, the deadline for dividing service to a company or another country from the US is considered favorable for the US.
At the end of last week, President Donald Trump said on the truth, “We do not want Tickek ‘Dark Go Dark”. “We are eager to work with Ticketok and China to close the deal. Thank you for your attention to this matter!”
Keeping Tikok alive in the US is a big thing for its 170 million American users and many companies. This can be a particularly big thing for Amazon.com, which emerged as a potential suiter for Tikok’s assets last week.
“It examines two very large boxes,” TD Cowen Analyst John Blacklage has asked Amazon to potentially buy tikkok. “This will provide them access to an important social platform. It will also accelerate their position in social commerce.”
According to a 2024 survey of the Pew Research Center, a third of American adults uses Tikokok, and it goes up to 59% for iconic under -30 demographic. More than half of more than 13 to 17 teenagers use it every day. Even an-out-of-ten seniors use Tikokok.
Tikokococae paved the full-screen endless scroll of small vertical videos, which is copied by Instagram of Meta platforms and YouTube of Alphabet as they try to fight back against the danger for their social media dominance.
Another recent event is the shop of Tikokok, where brands and independent video-builders can sell goods directly on the stage. With popular shopping apps Shin and Temu, Tikkok Shop is a threat to e-commerce dominance of Amazon.com.
Like Instagram and YouTube, Amazon had a tiktok clone called Inspire in the Amazon app starting in 2022, which was tested for beta in Britain shortly thereafter, although it tried to encourage popular tickets e-commerce accounts, failed to achieve service tracts to switch service. Amazon closed the inspiration in February.
Ticketkok Shop will provide an immediate and important social-commerce reform for Amazon, while it already adds adequate advertising revenue.
Buying Tiktok Amazon remains a long shot. A person acquainted with the case told Baron’s last week that various parties were not seen taking Amazon’s bid seriously. There is also a possibility of mistrust concerns, as well as.
A Bonus for Amazon may have the ability to carry the global cloud services of Tikok to its own cloud, AWS. Currently, the US Cloud provider of Tikokkok is Oracle.
It may take some time for any ticketing deal to come together. A person familiar with the case told Bairon’s last week that a deal to sell the majority of the social media app derailed a group of American buyers from the latest tariff announcements of the President. China called the White House last Thursday to indicate this, China will no longer approve the deal until there was talks about trade and tariffs, the person said.
On Monday, Trump said on the truth that if China does not withdraw 34% tariffs, he was threatened against the US by Tuesday, he would impose additional tariffs on the country and “all talks with China will end up about their requested meetings with us.” It leaves the future of Tiktok in the air in the air.
Oracle may still have an inner track on the deal. The person acquainted with the case told Beron that the Trump administration was finalizing plans for potential investors which could include Oracle.
In Trump’s first term as President, Oracle’s Executive Chairman Larry Ellison used his close relationship with the President to achieve Tickek’s US Cloud Business. With a ticket stake, Oracle is looking at the rest of the world to add it to it. But it will also add to social media, advertising and e-commerce, there is no experience with three things. It never happened to a real consumer-supporting business.
Write to adam levin adam.levine@barrons.com And in Angela Palumbo angela.palumbo@dowjones.com
