TikTok Trading Turmoil: Can the "Olive Branch" of Cooperation Move ByteDance?
The future of TikTok has become a global focus! In order to promote related cooperation, certain parties have even proposed measures such as reducing tariffs. What interests are hidden behind this?
From Hardline to Favorable: A Shift in Willingness to Cooperate
This week, news emerged that in order to preserve TikTok's business in a certain country, relevant parties proposed to lower tariffs on Chinese goods. It is important to note that previously, this party had announced an increase in tariffs on global car imports. In relevant occasions, this party appeared very confident: "The value of TikTok is extremely important, and perhaps it can provide some benefits to China to facilitate this deal!" From the initial ban to now full support, this short video sensation with a user base of 170 million has undoubtedly become a "hot commodity" in the eyes of various parties, and the relevant transaction outline may soon come to light.
Multi-Party Competition, 90-Day Countdown Begins
The deadline of April 5 set by the relevant parties is approaching, and related orders will pull TikTok from its predicament; negotiations are in full swing. A consortium led by Frank McCourt and Alexis Ohanian has offered $20 billion, while a team formed by Jesse Tinsley and MrBeast is splashing out $30 billion. Perplexity AI seeks a merger, and Oracle also wants a piece of the pie—retaining the algorithm has become the focal point of the contention. However, the ultimate direction of this dramatic scenario will depend on the attitudes of ByteDance and the relevant parties. The relevant parties have confidently stated: "We have the power to resolve this matter and can extend the deadline!" So, who will prevail in this bidding war?
All Parties Compete, Who Will Laugh Last?
The attitude of the relevant parties has shifted dramatically, from banning to full rescue. TikTok has not only helped them attract young voters but has also become an important bargaining chip in trade negotiations. However, will China yield due to tariff adjustments? The issue of algorithm ownership is like a hot potato, with the success or failure of the deal affecting the entire situation. In this 90-day sprint, will it be a win for one party, or a strong response from the Chinese side? The suspense remains unresolved.
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