Twitter has also expressed interest in buying Tik Tak after US President Donald Trump imposed sanctions.
According to the BBC, the Twitter administration has approached its parent company, Bite Dance, to purchase Tik Tok's operations in the United States. Earlier, Microsoft was also in talks to buy Tik Tok' America.
Microsoft is valued at more than 13 1300 billion, while Twitter is valued at only 22 22 billion. Tik Tok' investors, on the other hand, have valued the company at 50 50 billion. Bite Dance hopes to raise 28 28 billion by 2020. From this point of view, Twitter does not have its own value as much as the one-year profit of Tik Tok'. Besides, it is competing with a big company like Microsoft. In the coming days, we will have to see in whose swing America falls.
It may be recalled that US President Donald Trump has recently issued an executive order ordering US companies to close their transactions with Tik Tak within 45 days.
