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Walmart denies ABC News report it could join investor group to buy TikTok
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Walmart denies ABC News report it could join investor group to buy TikTok
Apr 4, 2025 3:13 PM

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.

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