ByteDance owns the video sharing app TickTalk.
Walmart’s name has also been included in companies wishing to get a stake in Tittock …
A source attached to the deal said on condition of anonymity that the world’s largest retailer has made a joint bid with Microsoft to buy TickTock’s US business.
These alliances may seem a bit strange, but Microsoft and Walmart are already business partners. Microsoft provides cloud computing services, which are helpful in running a retailer’s store and online shopping business. The two companies partnered for five years in 2018.
(Also read- Airtel Plan! Once recharged, this plan will run for the whole year, you will get free calling and many benefits)Walmart said in a statement on Thursday that the deal with Microsoft and Ticketock could help grow its advertising business and reach more shoppers.
For information, let us know that US President Donald Trump has issued an order that the Chinese company Byte Dance should stop its US operation and sell it. Trump had called Ticketcock a threat to American national security. The US government says that privacy of users is threatened due to the collection of data from users by tick-talk.