April 2 (Reuters) - Amazon.com ( AMZN ) has put in a
last-minute offer to buy all of short-form video app TikTok, the
New York Times reported on Wednesday, citing three people
familiar with the bid.
U.S. President Donald Trump will consider on Wednesday a
final proposal related to TikTok ahead of an April 5 deadline
for the app to find a non-Chinese buyer or face a ban in the
country, a White House official told Reuters on Tuesday.
ByteDance and TikTok did not immediately respond to Reuters'
requests for comment, and Amazon ( AMZN ) declined to respond.
Shares of Amazon ( AMZN ) rose 1.3% in a volume spike after the
report.
Various parties who have been involved in the talks do not
appear to be taking Amazon's ( AMZN ) bid seriously, the New York Times
said.
The bid came via an offer letter addressed to Vice President
JD Vance and Commerce Secretary Howard Lutnick, the report
added.
The future of the app used by nearly half of all Americans
has been up in the air since a 2024 law, passed with
overwhelming bipartisan support, required ByteDance to divest
TikTok by January 19.
Washington says TikTok's ownership by ByteDance makes it
beholden to the Chinese government, and Beijing could use the
app to conduct influence operations against the United States
and collect data on Americans.
Trump, after taking office for a second term on January 20,
signed an executive order seeking to delay by 75 days the
enforcement of the law, allowing TikTok to continue its
operations in the U.S. temporarily.
Since then, several parties have reportedly expressed
interest in TikTok, with Trump saying last month that his
administration was in touch with four different groups about the
sale of the platform.