CNBC: Walmart is teaming up with Microsoft on TikTok bid

CNBC reports:
Walmart said it’s teaming up with Microsoft in a bid for TikTok.
The retail giant confirmed to CNBC that it’s interested in buying the tech company.

Walmart shares are up more than 2% on the news.

TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that’s likely to be in the $20 billion to $30 billion range, sources say. With Walmart’s confirmation, it joins several others bidding …

The post CNBC: Walmart is teaming up with Microsoft on TikTok bid appeared first on The Loadstar.

Source: The Loadstar

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