Bloomberg was the first outlet to report the news.The $20 billion offer — which would include $10 billion in cash and $10 billion in profit splitting — would also include TikTok’s assets in India, Australia and New Zealand.
The bid adds to a growing list of companies vying to buy TikTok’s U.S. assets, with Microsoft and Oracle both viewed as the favorites to strike a deal.
As TheWrap reported earlier this week, Oracle has put together a bid worth more than $20 billion.Also Read: Oracle Nears $20 Billion TikTok Deal With White House Support (Exclusive)Triller declined to comment when reached by TheWrap.
Read more on thewrap.com
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