Sunday, June 29, 2025
-Advertisement-

MrBeast Among US Investors Offering Over $20 Billion to Acquire TikTok

- Advertisement -

A group of American investors, including YouTube sensation MrBeast, has put forward an offer exceeding $20 billion to acquire TikTok, according to Bloomberg.

Jesse Tinsley, who represents the group in its bid for TikTok’s US operations, revealed that two additional tech executives have joined as investors. He emphasized that their offer is notably higher than competing bids, likely referring to Project Liberty, another entity eyeing the platform’s US segment.

- Advertisement -

However, Tinsley acknowledged that his group is not in direct talks with ByteDance, TikTok’s Chinese parent company, and has yet to receive a response. “We are not in direct contact with ByteDance and so far we have not received any response to our offer,” he told Bloomberg.

ByteDance has consistently rejected the idea of selling TikTok’s US operations. Meanwhile, the company is in discussions with the US government to prevent a ban or forced sale.

The uncertainty surrounding TikTok’s future stems from former President Donald Trump’s executive order, which initially paused the platform’s ban for 75 days. Since then, he has reiterated that TikTok must sell its US operations to continue functioning in the country.

It remains unclear whether ByteDance or the Chinese government is considering the offer from Tinsley’s group.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Izaan Zubair
Izaan Zubair
With a passion and curiosity for technology, Izaan is a seasoned writer with four years of experience. His expertise lies in translating complex tech updates into engaging stories. Beyond technology, Izaan keeps a finger on the pulse of worldly news, crafting exclusive narratives that inform and inspire his readers.

Latest stories

-Advertisement-

Highlights of the Week
Related

Mozambique’s 50th independence anniversary celebrated

Karachi witnessed a vibrant diplomatic gathering, as the Honorary...

International Survey Reveals Pakistanis Support Actions to Address Climate Change

An international survey conducted across 17 total countries, including...

Imran Raza Jaffry Publishes Influential Insurance Guide, Announces New Book on Global Practices

Imran Raza Jaffry, a seasoned professional with over 20...

Pakistan Enters Top 100 of Global Passport Index, Eyes Further Gains with Digital Upgrades

Pakistan’s passport has made a notable leap in global...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!