Communication Aug 26, 2020 01:03 PM (GMT+8) · EqualOcean
Popular short video platform TikTok has approached streaming giant Netflix to "evaluate its interest in acquiring TikTok's US business." It is reported that Netflix has accepted the invitation to negotiate with TikTok parent company ByteDance. Faced with the threat of the US ban, TikTok is considering selling its US business. Since the Trump administration first publicly stated its intention to force TikTok to cut off its relationship with its parent company or face a national ban, Netflix is only one of several technology companies involved in acquisition negotiations with TikTok. Other potential buyers include Microsoft, Twitter and Oracle.
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