, called Walmart+, soon. The subscription-based service is the retailer's answer to Amazon Prime, which includes original TV shows and movies.
In a statement, the big-box retailer said TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets." It did not say how it would use TikTok or whether it would be part of Walmart+. "We believe a potential relationship with TikTok US in partnership with Microsoft could add this key functionality and provide Walmart with an important way for us to reach and serve omnichannel customers as well as grow our third-party marketplace and advertising businesses," it said. "We are confident that a Walmart and Microsoft partnership would meet both the expectations of US TikTok users while satisfying the concerns of US government regulators.
With Microsoft involved, Walmart could be better positioned. Two years ago, Walmart announced a five-year cloud deal with Microsoft. The retailer adopted Microsoft's Azure cloud infrastructure and a bundle that includes the Office 365 productivity applications.that he was considering banning TikTok and other Chinese applications for security reasons. The U.S. government said it's concerned the Chinese government can access user data collected by TikTok.
I'm sure you can always bullshit some synergies for anything.
Hmmm🧐 that’s an interesting collaboration
These TikTok people are smarter. Walmart and Microsoft are really stupid richer than they need to be they can't see the forest for the trees. Well, at least they're not Stealing it from them like Facebook.
This is about to get interesting... 😳
What could possibly go wrong with 2 monopolistic conglomerates teaming up... Good grief.
Please keep the People of Walmart off TikTok!
It’s like everyday there is a new bid on TikTok! All these companies ($MSFT, $ORCL, and even $TWTR?!) are entering the bubble just to inflate their stocks! I guess that’s how the stock market works! $WMT soared 4%!
Disney should’ve teamed up with tacobell to buy TikTok 😓
use the government to eliminate competition so Americans companies can buy it
Perfect way to kill tik tok. Awesome.
Weird
Interesting...
Why they gonna buy a dead company? 😏
Guess no one decided to Bing the history of Vine, huh?
BAM! TicTok is saved!
Tik Tok needs to walk away from that nonsense
The United States is a 'great' country
Good lucks to dummies.Learn how to do a diligence work before brag the dummies in the public.Tiktok just kicked out its American CEO and makes its move to rebuild its new data center with huawei 5G in a european country.Aussie would love $5B/15k jobs spending tiktok in its land
Would love someone to comment on why an Apple-Sony would not be the best group to buy Tic Tok. Seems such. natural. I can see such an upside for both.
There are about 3600 publicly trading companies to talk and report about. Nobody cares about these social media apps!
Wow what a combo
Wondering where AWS is in all of this? Afraid of some anti-trust attention, perhaps?
Hilarious. Investors will now be ‘pricing Walmart like a tech company’. 🚀
$MSFT $WMT have great relationship with Chinese businesses!
The death of TikTok. That was quick. There will be a Harvard case study of the rise and fall of TikTok in 5 years.
This is how to make TikTok a ticking time bomb ...the kill shot. R.I.P. TikTok
Both companies do a lot of business in China.