Walmart (WMT) Joins Microsoft (MSFT) in Pursuit of Deal to Purchase TikTok - Bloomberg, Citing Statement

August 27, 2020 11:10 AM

(Updated - August 27, 2020 11:25 AM EDT)

Walmart (NYSE: WMT) has joined Microsoft's (NASDAQ: MSFT) pursuit of TikTok, according to Bloomberg, citing an email statement. Walmart said the move could help grow its third-party online marketplace unit and advertising arm.

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