Illustration by Alex Castro / The Verge
Bloomberg is reporting that TikTok-rival Triller and Centricus (a London-based global investment firm) are the latest suitors looking to buy TikTok’s US business with a $20 billion bid, joining Oracle and a recently combined Microsoft / Walmart effort to acquire the popular short-form video application. But a spokesperson for TikTok tells Reuters it has not received an offer, or been contacted about a potential bid.
As originally described by Bloomberg’s source, a Triller/Centricus offer would see Centricus pay TikTok parent company ByteDance $10 billion in cash upfront, and another $10 billion in shared profit for ownership over TikTok’s assets in the US, Australia, New Zealand, and India. Triller — which already operates a similar…
A billion bid for TikTok could see it purchased by rival Triller (and a giant investment firm)
Source: New feed
