Amazon.com Inc ( AMZN ) has made a surprise, last-minute bid to acquire TikTok in its entirety, just days before the popular video app faces a U.S. ban if it does not sever ties with its Chinese parent company, The New York Times reports.

What To Know: Despite Amazon's ( AMZN ) entry into the race, those involved in the discussions have expressed skepticism about the seriousness of its bid, according to sources familiar with the matter.

The e-commerce giant's proposal, reportedly submitted via an offer letter to Vice President JD Vance and Commerce Secretary Howard Lutnick, underscores the tense final negotiations over TikTok's future.

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Amazon ( AMZN ) has long had a financial stake in TikTok's ecosystem, as influencers on the platform frequently drive sales to its marketplace, earning commissions through affiliate links. However, Amazon's ( AMZN ) own attempt to replicate TikTok's success with its in-app video feature, Inspire, was quietly scrapped earlier this year.

While other major players, including Oracle Corp ( ORCL ) and Blackstone Inc ( BX ) , are exploring ways to restructure TikTok's U.S. operations, it remains uncertain whether Amazon's ( AMZN ) bid—or any deal—will satisfy federal law. TikTok, meanwhile, insists it is not for sale.

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