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slt2021 • 01/17/2025 • 1 reply • view on HN

agree, it was just a shakedown and money grab.

some US oligarchs wanted to buy tiktok at deep discount while it was private, and make money off of making it public company


Replies

bko • 01/17/2025

Why would it be sold at a deep discount?

About 45% of the US population uses TikTok and 63% of teens aged 13 to 17 report using TikTok, with 57% of them using the app daily

Hell of a product, there would be a crazy bidding war for that kind of engagement

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