Walmart is actively considering joining a group of investors to acquire TikTok, according to sources close to the deal, as posted on X by ABC news reporter. The retail giant's interest comes after Amazon entered the bidding, reigniting Walmart’s interest in TikTok, which it had considered purchasing back in 2020.
BREAKING: Walmart is actively considering joining a group of investors to buy TikTok, sources close to the deal tell me, who say Walmart’s interest was triggered by Amazon throwing their hat into the ring.
— Selina Wang (@selinawangtv) April 4, 2025
Walmart was interested in buying TikTok back in 2020. @ABC
As the deadline approaches for TikTok to either be banned or sold, President Trump is expected to sign an executive order extending the deadline. Along with Walmart, several other investors, including Amazon, Oracle, and Applovin, are reportedly vying to purchase the popular app. Additionally, Tim Stokely, the founder of adult website OnlyFans, has made a late-stage bid to acquire TikTok. The competition among major players reflects the high stakes of securing the app before the deadline expires.
