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Walmart to join Microsoft in bid for TikTok

Composite of Walmart, Microsoft and Tik Tok logos

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The US retail giant Walmart is teaming up with Microsoft to make a bid for the Chinese video sharing app Tik Tok.

According to news channel CNBC, Walmart has confirmed it is interested in the company and will partner with Microsoft in a consortium.

Tik Tok has been given 90 days to be sold to an American firm or face a ban in the US.

Earlier on Thursday the firm’s boss resigned ahead of the impending ban by US President Donald Trump.

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KALPESH RUDANI

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