And now Triller is trying to buy U.S. TikTok, report claims

Sourced from https://mashable.com/article/triller-20-billion-offer-us-tiktok/

And now Triller is trying to buy U.S. TikTok, report claims

If you can’t beat ’em, buy ’em.

That appears to the thinking of Triller, a U.S.-based “social streaming” app, which according to Bloomberg teamed up with an asset management firm in an attempt to buy TikTok for $20 billion. Or, more specifically, to buy parts of TikTok for $20 billion. 

Those parts include TikTok’s U.S., Australian, New Zealand, and Indian components — locations where the ByteDance-owned company ran into various legal troubles, faced security concerns, and risks possible shuttering. India went so far as to ban TikTok outright in June for “[engaging] in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.”  Read more…

More about Social Media, Tiktok, Triller, Tech, and Social Media Companies… Read More

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