AppLovin confirmed that it has expressed interest in acquiring TikTok in all markets outside of China to President Trump. The mobile advertising technology company on Thursday said that the indication of interest it provided to Trump is preliminary.
Meanwhile, a separate group led by OnlyFans founder Tim Stokely is also said to be exploring a bid, underscoring the fierce competition to take over TikTok’s global business. AppLovin’s announcement comes during a turbulent time for the company. According to Benzinga Pro, APP stock has lost over 19% in the past year.
AppLovin (APP) has reportedly joined the bidding war to acquire TikTok from ByteDance before the short-form video app is banned in the U.S. on
AppLovin (APP), a mobile marketing and gaming company, has unexpectedly emerged as a bidder for TikTok. According to CNBC‘s David Faber, citing
On Friday, the host of Mad Money opened the show highlighting a new AI company’s IPO. During the discussion, Cramer shared his thoughts on what seemed like an underwhelming IPO and what this indicates about data center demand, as well as additional macro factors that are pushing the stock market lower in recent weeks:
AppLovin is one of the potential bidders attempting to acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday.
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AppLovin presents a high risk/reward opportunity, trading at 36x 2025 earnings with expected 46% growth. Click here to find out why I rate APP stock a Buy.
President Trump is expected to be briefed Wednesday on a framework to keep the video-sharing app operational.
Advertising tech firm AppLovin (NASDAQ: APP) saw its stock soar over the past year. Before diving into the short-seller allegations, some background is necessary, starting with the astronomical ascent in AppLovin's share price.