Amazon enters TikTok buyout race with last-minute bid: Reports
Amazon has submitted a last-minute bid to acquire TikTok, the popular short-video app, as the April deadline looms for its separation from Chinese ownership or an impending ban in the United States, according to three people familiar with the matter.
Despite the unexpected move, those involved in the discussions are not taking Amazon’s bid seriously, sources said. The offer letter was reportedly addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, signaling the tech giant’s interest in securing the platform.