Select City

Report: Microsoft Could Buy All Of TikTok, Including India And Europe

google-follow

Microsoft Aiming to Buy TikTok’s Entire Global Business including that of India and EU nations.

- Updated: 9th Aug 2020, 17:08 IST
  • 1
    Microsoft Aiming to Buy TikTok’s Entire Global Business

Microsoft is attempting to crack the deal with TikTok’s originating company – ByteDance. Thus, acquiring the global business, assets, including the India and EU nation market as cited by Financial Times. In contrast to that, some sources familiar with this tech talk opened up with Reuters stating, Microsoft has not raised prospects to buy all of the TikTok shares. 

Also Read: Android Developer Preview 2 Is Out! What’s New?

Microsoft Aiming to Buy TikTok’s Entire Global Business

Microsoft has made an official declaration saying that the company is targeting to own up TikTik assets in North America, New Zealand, and Australia. Sources revealed the estimated value of ByteDance is more than $50 million( around 3.75 lakh crores).

Also Read: Realme 6 And Realme 6 Pro Launched In India

Microsoft along with ByteDance refrained from commenting on the report shared by Reuters. The company is thinking of expanding its reach to India and Europe in the deal. FT by referring one person in the picture who is close to ByteDance said, “Mircosoft is focusing on a deal in the works for TikTok India”. The deal was left abandoned in between.

Also Read: Redmi Note 9 Series All Set To Launch On March 12: Here’s Everything You Need To Know

TikTok has been given September 15 as a deadline to surrender and sell all of its US operations to Microsoft or get banned in the country.

Surely, Amid the Anti-Chinese sentiment and high vulnerability to the user’s confidential data leak, TikTok has to pass through an escalated ridicule worldwide. It will be exciting to see whether the app will make a comeback in India as a Microsoft product or not.

Also read: iQOO Mobile Price List In India



Comments

Top Offers

Featured Videos

iPhone 15 Wonderlust Launch Event: What To Expect And How To Watch?
11th Sep 2023
Apple Watch Series 9: Here Is All That Happened In The Wonderlust Event
10th Aug 2023
Samsung Games Portal: Everything You Need to Know
12th Jul 2023
Here’s The Best Way To Buy Refurbished Samsung Galaxy Note 20 Now!
11th Jul 2023
Apple MacBook Air 15 Inch: An Expensive Yet Unbeatable Laptop Choice In 2024
10th Jul 2023

Highlights of the Story

  • Microsoft is aiming to crack the deal to buy TikTok.
  • Microsoft could buy TikTok’s entire global business along with the European Union and Indian region.
  • Sources revealed the estimated value of ByteDance is more than $50 million( around 3.75 lakh crores).

Top Offers