All Eyes on Tiktok India Sale after Oracle-Walmart Deal in the US | in the News

With Oracle and Walmart set to acquire significant stakes TikTok’s US business, questions about a possible sale in India loom.

Regardless, Ambani won’t be the only one in line to buy TikTok in India, said Yugal Joshi, vice-president at consultancy Everest Group. Considering Tiktok has been stealing advertisement dollars from Facebook and Google, Joshi supposes any other rival of these behemoths can be a potential acquirer.