Communication Aug 31, 2020 02:35 PM (GMT+8) · EqualOcean
TikTok has selected a bidder for its operations in the United States, New Zealand, and Australia. The deal may be announced as early as Tuesday, according to people familiar with the matter. Oracle and Microsoft, which is cooperating with Walmart, are the two significant bidders for the deal. There were reports last week that the sale price of this transaction is expected to be between USD 20 billion and USD 30 billion.
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