Popular US company, Amazon has made a last-minute bid to acquire TikTok. This is coming as the video-sharing app faces a looming ban in the United States unless its Chinese owner, ByteDance, divests its stake.
According to the report, Amazon has submitted its offer in a letter to officials involved in the ongoing negotiations over TikTok’s sale, however, sources close to the talks suggest that Amazon’s bid is not being taken seriously by key parties.

The most likely resolution, reports indicate, would involve existing US investors in ByteDance rolling their stakes into a newly formed, independent global TikTok company.
WOW.
Jeffrey Preston Bezos is an American entrepreneur, media proprietor and investor. He is the founder, executive chairman, and former president and CEO of Amazon, the world’s largest e-commerce and cloud computing company.
With a net worth of US$162 billion as of November 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes.
Bezos was born “Jeffrey Preston Jorgensen” on January 12, 1964, in Albuquerque, New Mexico, as the son of Jacklyn (née Gise) and Ted Jorgensen. At the time of Jeff’s birth, his mother was a 17-year-old high-school student and his father was 19-years-old. Jorgensen was a Danish American unicyclist born in Chicago to a family of Baptists.
After completing high school despite challenging conditions, Jacklyn attended night school, bringing her baby with her. Jeff attended a Montessori school in Albuquerque when he was 2-years-old.
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