ByteDance

TikTok has begun testing in-app sales with a number of brands in Europe marking the social media giant’s biggest push into ecommerce to date. The short-form video app, owned by…

Walmart has agreed to purchase a 7.5 per cent stake in TikTok as a complex deal to keep the social media giant operating in the US is receives President Trump’s “blessing”.

Walmart to take 7.5% stake in TikTok as deal receives cautious “blessing”

ByteDance Oracle TikTok Trump Walmart

September 21, 2020

Walmart has agreed to purchase a 7.5 per cent stake in TikTok as a complex deal to keep the social media giant operating in the US is receives President Trump’s…

Walmart continues to push for TikTok deal despite its first bid being rejected

ByteDance Microsoft TikTok Walmart

September 15, 2020

ByteDance Microsoft Oracle President Trump TikTok TikTok sale US Walmart

Walmart is pushing ahead with its bid to acquire TikTok despite its joint bid with Microsoft being rejected over the weekend. Walmart has said that it is still in talks…

President Trump has vowed not to extend social media giant TikTok’s sell-by date of September 15.

Trump says he will not extend TikTok sell-by date

Companies Ecommerce

September 11, 2020

Ava Szajna-Hopgood

ByteDance Microsoft social media TikTok Walmart

President Trump has vowed not to extend social media giant TikTok’s sell-by date of September 15. Speaking to reporters on Thursday night, Trump said the deadline for TikTok to sell…

TikTok is set to make a major push into ecommerce this year as it prepares to launch a host of new feature aimed at driving sales on its platform.

TikTok sale to Walmart/Microsoft could be scrapped by new Chinese restrictions

Social Media

September 3, 2020

TikTok’s sale in the US is set to be delayed or even blocked entirely as China imposes new restrictions on technology exports. China’s government updated its list of “forbidden and…

TikTok is being sued for billions of pounds in the UK and Europe over accusations it has illegally collected personal information of millions of children.

Walmart joins Microsoft to make $30bn bid for TikTok

ByteDance Kevin Mayer Microsoft TikTok Walmart

August 28, 2020

Walmart is partnering with Microsoft to purchase the US arm of TikTok as the pair scramble to hammer out a deal before it is banned across the US. The US’…

TikTok ban wipes $75bn of Chinese tech giants including Alibaba and JD.com

Social Media

Alibaba ByteDance JD.com Microsoft Tencent TikTok WeChat

August 10, 2020

TikTok and WeChat’s US ban has wiped $75 billion off the value of Chinese tech giants including Alibaba and JD.com. Last week Donald Trump announced plans to ban Chinese social…

Microsoft confirms plans to buy TikTok despite imminent US ban

ByteDance Donald Trump Microsoft social media TikTok US

August 3, 2020