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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”

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

Companies Social Media

ByteDance Microsoft TikTok Walmart

September 15, 2020

Ben Stevens

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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

ByteDance Microsoft Oracle President Trump TikTok TikTok sale US Walmart

September 11, 2020

Ava Szajna-Hopgood

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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

ByteDance Microsoft social media TikTok Walmart

September 3, 2020

Ben Stevens

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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 and Shopify have significantly expanded their partnership allowing UK sellers to engage with the platform’s 100 million users.

Walmart joins Microsoft to make $30bn bid for TikTok

Companies Social Media

ByteDance Kevin Mayer Microsoft TikTok Walmart

August 28, 2020

Ben Stevens

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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

Ben Stevens

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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

*New Companies Social Media

ByteDance Donald Trump Microsoft social media TikTok US

August 3, 2020

Ben Stevens

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Microsoft is in talks to buy social media giant TikTok in the US just days after President Trump threatened to ban the app over security concerns. Microsoft confirmed yesterday that…

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Trump says he will not extend TikTok sell-by date

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