US EditionHow 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.
31 Articles
31 Articles
Associated Press News
Who could buy TikTok? Only a few parties are serious about offering
The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or
How much is TikTok worth? Can someone buy it in US? – Latest For Me
The popular content creating platform TikTok might be banned on January 19 under a US Federal law that forces such mediums to stir away from China-based parent company ByteDance, or shut down its operations in the States. Experts have said that without the coveted algorithm, TikTok in US would be like an island disconnected from global content. (Getty Images via AFP) The United States Supreme Court on Friday upheld the law banning TikTok due to …
Who Might Buy TikTok If the U.S. Ban Happens?
TikTok is facing a potential ban in the U.S. on January 19, unless ByteDance, the Chinese company that owns the app, decides to sell it. The possible ban has sparked debates about national security and privacy issues, especially because of TikTok’s powerful algorithm, which plays a key role in its global success.As the deadline approaches, … The post Who Might Buy TikTok If the U.S. Ban Happens? appeared first on Business Elites Africa.
How much is TikTok really worth?
TikTok is difficult to value. Keeping those complications in mind, Forbes spoke with at least nine people and came up with these different scenarios. If the Supreme Court upholds the ban, TikTok will likely not only disappear from app stores but also stop working in the United States. Getty Images By Phoebe Liu & Matt Durot The Supreme Court could rule on a potential TikTok ban in the U.S. as early as Wednesday, after justices indicated last Fr…
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