How much is TikTok worth and who could buy it?
- TikTok, a popular video sharing platform, could be banned in the US on January 19th under a federal law that requires the platform to divest from its parent company, ByteDance, or shut down its US operations
- Analysts estimate TikTok's value to be worth over $100 billion with its algorithm, which is coveted by the Chinese government. Without the algorithm, TikTok's value drops to $40-$50 billion
- Several parties have expressed interest in buying TikTok, including former Treasury Secretary Steven Mnuchin and real estate mogul Frank McCourt.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right3Center7Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 39%
R 17%
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