Amazon may buy TikTok in the US

Amazon is one of the latest names to jump into the deal to buy TikTok in the US. Photo: New York Times .

The New York Times on April 2 quoted a source revealing that Amazon was the name that unexpectedly appeared at the last minute to make an offer to buy TikTok's operations so that this platform would not be banned in the US.

By 2024, TikTok's parent company, ByteDance, must divest or face a ban in the US, according to a US government law.

The US is concerned that TikTok’s ownership by ByteDance could make the app a tool for the Chinese government to conduct influence operations and collect data on US citizens. Under the new law, ByteDance must sell TikTok by April 5 or face being banned from operating in the US.

However, the source added that other parties involved in the talks did not appear to take Amazon’s offer seriously. The e-commerce giant made its bid for TikTok in the US in a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick, according to a person briefed on the matter.

Amazon previously tried to create a TikTok clone called Inspire within its shopping app, which the e-commerce giant viewed as a high-profile initiative internally, but it was deemed unsuccessful in attracting shoppers, according to people familiar with the matter, according to the New York Times .

Despite the US deadline, China could play a decisive role in the deal, with Mr Trump acknowledging that Chinese government approval is a key factor.

Source: https://znews.vn/amazon-co-the-mua-tiktok-tai-my-post1542862.html