MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.
The countdown is on again for a US-based buyer to take on TikTok, as it faces a ban. Euronews Next takes a look at the contenders to take over the app. View on euronews
YouTube icon MrBeast is joining forces with Roblox CEO with an offer to buy TikTok that’s over $20B dollars to outbid Kevin O’Leary, but the content mogul might still side with the Shark Tank star.
It’s not clear if TikTok’s owner ByteDance has seriously considered the offer, Bloomberg reported. Others floated as potential buyers include Elon Musk, Amazon, Oracle, and a syndicate headed by billionaire Frank McCourt.
MrBeast himself hasn’t publicly commented on which side he’ll choose yet. “The leading groups who are all credible [sic] bidding on Tik Tok have reached out for us to help them, I’m excited to partner/make this a reality,” he posted on Wednesday.
Jimmy Donaldson, better known as MrBeast, has teamed up with Employer.com CEO Jesse Tinsley and other investors in an all-cash offer for the social platform.
Speculation is rising around MrBeast's bid in buying TikTok, but Kevin O'Leary remains firm that his $20 billion offer is the "only" one that has the coding and technology capabilities.
The high-profile names who could potentially buy TikTok following the Supreme Court's decision to uphold the law banning the platform in the US.
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
After the bipartisan TikTok law was signed by former President Joe Biden in April, ByteDance said it did not have plans to sell the platform and fought the statute in court for months. China also rebuked Washington over the divestment push, though more recently it appears to be softening its stance.
With the future of popular social media app TikTok on the line, a number of potential buyers have come out of the woodworks to potentially snap up the platform — and its 170 million monthly U.S. users.