Shark Tank” investor Kevin O’Leary gives the latest on his last-minute bid to buy TikTok ahead of it’s looming ban in the United States.
Shark Tank, Kevin O'Leary and TikTok
Kevin O’Leary is working on deal to purchase TikTok’s U.S. business in order to save the social media app. With TikTok set to be banned in the U.S. on Jan. 19 unless Chinese parent company Bytedance can find an American buyer,
O’Leary tells On The Money he’s teaming up with billionaire Frank McCourt and has enough money to both build out their own app and buy the name and business from the Chinese — if they are
NBC News reports that TikTok has boosted advertisements for Lemon8, an application also owned by ByteDance, in recent days. Rival social-media apps and websites such as Instagram, YouTube, and Snapchat are expected to increase their user base in the wake of a possible ban.
Kevin O'Leary, also known as Mr. Wonderful, offered TikTok's owners $20 billion in cash to buy the social media platform.
Investor and “Shark Tank” star Kevin O’Leary is willing to pay up to $20 billion for TikTok, calling it a “legacy opportunity.”
With TikTok facing a potential U.S. ban, investor Kevin O’Leary has announced plans to purchase the popular social media platform. O’Leary, known for his role on Shark Tank, has teamed up with billionaire Frank McCourt to lead a bid to save TikTok from being shut down in the U.
Kevin O’Leary almost passed on Shark Tank, calling it a "failure" before the show skyrocketed to success. Now he's the 3rd richest judge.
In less than four years, the company has turned into a "multi-seven-figure brand" thanks in part to its colorful social media strategy.
The popular video-sharing platform TikTok may receive a temporary reprieve from its impending shutdown, as President-elect Donald Trump has indicated he is
President-elect Donald Trump says he “most likely” will give TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a U.S. ban.