April 4 (Reuters) - Walmart ( WMT ) on Friday denied a
report from ABC News that it was considering joining a group of
investors to buy short video app TikTok.
Earlier on Friday, ABC News reporter Selina Wang said in a
post on X that the world's largest retailer was "actively
considering" joining a group of investors to buy the short video
app, citing sources close to the deal. Walmart's ( WMT ) interest was
triggered by Amazon's involvement, the post and a subsequent
story on ABC's website said.
A Walmart ( WMT ) spokesperson said the ABC story was incorrect
and pointed out that the story had been taken down from the
site.
The link to the piece on the ABC News website now says "page
unavailable." ABC News was not immediately available to comment.
Walmart ( WMT ) had been previously linked to TikTok when it
considered teaming up with Microsoft to buy the app in 2020.
U.S. President Donald Trump on Friday extended by 75 days a
deadline for ByteDance to sell U.S. assets of the popular short
video app to a non-Chinese buyer.