Mr. Mnuchin and Kevin O'Leary have both expressed interest in purchasing TikTok, with O'Leary attempting to buy the platform at up to a 90% discount. O'Leary is preparing a bid with a syndicate for a potential purchase, with a starting bid of $20 billion to $30 billion. He has mentioned that the deal is interesting and likes it despite potential challenges from the Chinese government regarding the sale of TikTok's algorithm, owned by China's ByteDance. On CNBC's "Squawk Box," O'Leary stated, "I'm going to put together a group to try and buy TikTok," emphasizing that "It should be owned by U.S. businesses." He also highlighted the importance of acquiring TikTok without the user data or algorithm.
Kevin O’Leary is putting together a syndicate for a potential purchase of TikTok, with a starting bid of $20 billion to $30 billion — here's how he views the company https://t.co/nZrIiq1IAK
Canadian businessman Kevin O’Leary is putting together a syndicate for a potential purchase of TikTok, with a starting bid of $20 billion to $30 billion. https://t.co/oMQEwZ8z0x
Kevin O'Leary is putting together a syndicate for a potential purchase of TikTok, with a starting bid of $20 billion to $30 billion — an up to 90% cut in valuation from the company's last funding round. https://t.co/vRiwESxShl
You don’t think it’s the @ABCSharkTank ? Let’s see a better offer for @tiktok_us without the user data or #algorithm It’s always the Shark Tank! https://t.co/GSGzq8xXLs
> @kevinolearytv Wants To Buy TikTok And Is Scouting For Investment: 'An Interesting Deal And I Like It' The Chinese government may not let TikTok, owned by China's ByteDance, part with the algorithm, says O'Leary. As he prepares a deal for the platform, he says he was… https://t.co/9jES6WAX34
Kevin O'Leary wants to buy TikTok at up to 90% discount. Here's why https://t.co/Zx5rZ0eBwk
Kevin O’Leary is trying to buy TikTok https://t.co/8t8uqAPh5X
“I’m going to put together a group to try and buy TikTok,” he said on CNBC’s “Squawk Box.” “It should be owned by U.S. businesses.” https://t.co/ffhwc1HYab
Mr. Mnuchin said last week that he is trying to buy Tiktok as part of an investor group. https://t.co/ffhwc1HYab