Oracle plans 12.5% stake in TikTok global; forms partnership

Posted by Himachal aaj kL at 7:28 PM

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Oracle and Walmart Inc. together could end up with as much as 20% of the entity, to be called TikTok Global, purchased in a round of financing that would precede an initial public offering, TikTok said.

from Hindustan Times - world https://ift.tt/3kvI8e3
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