According to the latest report of CNBC, Wal-Mart has just confirmed that it is working with Microsoft to buy TikTok. togethe
Wal Mart said,The way tiktok integrates e-commerce and advertising functions in other markets is very beneficial to creators and users.
Wal-Mart also said:
Earlier, CNBC also said, TikTok global CEO Kevin
There is no suspense about tiktok selling himself. The only question is who will take over. Microsoft was the most frequently mentioned name before, and Oracle joined the list later.
However, according to the exact information obtained by CNBC, Oracle has withdrawn, Wal Mart has quietly joined in, and Microsoft is still there. However, no one will eat tiktok alone, but Wal Mart and Microsoft will work together.
At present, it is also clear what cooperation mode Wal Mart and Microsoft will adopt to acquire tiktok.
After the news came out, Wal Mart's share price rose all the way, up about 5.5% by the deadline, Microsoft's by about 3.5%, and Oracle's share price fell slightly by 0.7%.