Home › Walmart joins Microsoft bid to acquire TikTok US business
 

Keywords :   


Walmart joins Microsoft bid to acquire TikTok US business

2020-08-28 08:43:00| Telecompaper Headlines

(Telecompaper) Walmart has confirmed it's in talks to join Microsoft's bid to acquire TikTok's US business. The retail giant said its business could benefit from TikTok's success in integrating e-commerce and advertising in other markets, helping it reach more online customers and grow its third-party marketplace and advertising businesses. Walmart said its partnership with Microsoft could not only meet the expectations of US TikTok users but also satisfy US government regulators. [ more ]

Tags: business microsoft bid acquire

Category:Telecommunications

Latest from this category

All news
»
27.03China tariffs may be cut to seal TikTok sale, Trump says
27.03Why are tech stocks so volatile?
26.03Trump announces 25% tariffs on car imports to US
26.03Pork is center of plate in new consumer campaign
26.03OQ Chemicals to Launch Heptanoic Acid Production in Germany
26.03Dangerous hitchhikers: Tick-borne pathogen threats to cattle operations in the United States
26.03Faisal Islam: Could surprise on growth save the day?
26.03Farage and NatWest settle dispute over bank account closure
More »