A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform’s U.S. business could have its valuation soar to upward of $60 billion. As TikTok’s future remains uncertain, a number of prominent moguls and companies are competing for the opportunity to purchase the app.
TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data potentially being accessed by the Chinese government.
As a result, U.S. users have often found themse… [5166 chars]
Source: TechCrunch | Published: 2025-12-30T14:00:00Z
Credit: TechCrunch
