
Amazon Enters TikTok Race as US Ban Looms
As the U.S. government’s deadline approaches for TikTok to divest its American operations or face a nationwide ban due to national security concerns, Amazon has submitted a last-minute bid to acquire the popular video-sharing platform. This move aligns Amazon with other potential buyers, including Oracle, Blackstone, and a consortium led by OnlyFans founder Tim Stokely.
Despite Amazon’s entry into the bidding process, insiders suggest that its bid may not be taken seriously by decision-makers, possibly due to antitrust considerations and the complexities of such an acquisition.
The U.S. administration, under President Trump, has set a deadline of April 5 for TikTok’s parent company, ByteDance, to finalize a sale to a U.S. entity to mitigate alleged national security risks.
In addition to Amazon, other notable bidders include Oracle, which is leading a group of investors aiming to create a U.S.-based entity for TikTok, and a consortium led by OnlyFans founder Tim Stokely. These developments underscore the high stakes and intense competition surrounding the future of TikTok’s operations in the United States.