India, April 3 -- As the April 5 deadline is looming for TikTok, owned by China-based ByteDance Ltd, to find a buyer or to face shutdown in the United States, its biggest market, Amazon has entered the picture, submitting a takeover bid to the White House for the business, reports said.
With this, the tech major joins the list of potential bidders including private equity firm Blackstone and mobile technology company AppLovin Corp., among others, for the popular short video app used by over 170 million Americans.
The New York Times reported that Amazon submitted the bid through a letter to Vice President JD Vance and Commerce Secretary Howard Lutnick.
The development comes as the U.S. President Donald Trump was briefed Wednesday on a fra...