TikTok48 hour countdown?Wal-mart is rumoured bid two giants valuations $20 billion to $30 billion

TikTok where the countdown, the fastest within 48 hours of sale?

Global CEO excluded from takeover talks resigned.

Work, at present, TikTok has covered more than 200 countries, the global downloaded over 2 billion times.

, according to data from the Sensor Tower in June 2020, TikTok is the world's most downloaded the game App.

In the first and second quarter of 2020, TikTok downloads in the United States than Facebook, sets, and YouTube.

In addition, TikTok has a month more than 91 million active users in the United States, more than 1500 employees, as well as thousands of partners.

Bytes to beat previously foreign said TikTok has more than 100 million users in the United States, more than 1500 employees, as well as thousands of partners.

If shut down TikTok business in the United States, according to the market rumors selling price from $20 billion to $50 billion, beating bytes will lose at least more than two hundred billion yuan.

In the face of strong government trump, the sale is likely to be the choice of loss minimum.

CNBC27 night revealed on valuation -- between $20 billion to $30 billion, just before the market rumors from $20 billion to $50 billion range under the edge of the range.

CNBC also pointed out in 27 night, wal-mart is working with the Microsoft bid for TikTok, and said that the retail giant to CNBC, confirmed that it is interested in buy the technology company.

From the public news, Microsoft is the earliest and byte jumpy about buying Tik Tok business giants, in the United States on August 2nd, Microsoft has said to finish to discuss before September 15.

Affected by the news, August 27 at night, after U.S. stocks opened, Microsoft's shares directly pull litre, once ran high

4.52%, as of the close, shares of Microsoft rose more than 2%.

Wal-mart shares also surged, as of the close, wal-mart jumped more than 4%.

TikTok engineer is understood are set close business contingency plans in the United States media quoted unnamed sources reported that byte to beat this week in the memo TikTok engineers should make contingency plans, in response to close the business in the United States.

According to the report, byte beating also for TikTok U.S. employees and suppliers have made a plan to separate, can still be achieved in the business is closed related to compensation.

Sources said, due to the uncertainty, TikTok has been in America for most vacancies implemented a hiring freeze, only 5% of the recruited plans to hire employees.

Sources said the bytes to beat will close to work as a backup plan, and are trying to reach an agreement, to ensure that TikTok operating in the United States without interference.

Global CEO turnover Revelations in addition, the CNBC also quoted sources, on 27th night TikTok chief executive Kevin Mayer (Kevin Mayer) are excluded from the company he resigned after trade negotiations with Microsoft and oracle.

Mayer also on Thursday to TikTok and employees of its parent company's beating byte revealed the news of the departure.

Bytes to beat aspect has confirmed TikTok chief executive Kevin mayer resigned, saying: respect Kevin's decision, also thank him for his TikTok's effort.

Mayer said in a resignation letter,

Tell you, with a heavy heart I have decided to leave the company.

1.34%, baidu fell 0.17%;

Xiao peng car rose 42.6%, interesting headline was 11.95%, the mushroom street rose 5.91%, the ideal car fell 28.14%, egg shell apartment fell 8.22%, bi and bi li fell 7.35%.

Last night, bi li bi li released second-quarter results, revenue of 2.62 billion yuan, hit a record high, a net loss of 567 million yuan, the market expected loss 543 million yuan;

Diluted earnings per share 1.63 yuan, the same period last year loss of 0.96 yuan.

Monthly active users reached 171.6 million, mobile terminal active users reached 152.9 million, compared with the same period in 2019 increased by 55% and 59% respectively;

In the second quarter average monthly paying users, fell 3.73%.

The fed will allow for a period of inflation of more than 2% market participants pay close attention to Powell, chairman of the federal reserve's remarks on the fed's annual monetary policy meeting.

Affected by the outbreak, this year's meeting is changed to online.

Powell in his speech, this paper expounds the future will be how to achieve price stability and maximum fed dual goal of employment.

To support the Labour market and economic recovery, the fed will allow for a period of more than 2% inflation target.

Powell, announced that the federal reserve unanimously

Consumers will behave as if inflation over time leveled off, economic operation is the best.

Although inflation will appear short-term fluctuations, but fed officials will seek an average of 2% inflation, because they think it conforms to the healthy growth.

Source: finance editor Chai Xiao issued by grey/editor / [feng li danseur [source: ZAKER guiyang] statement: reprint this article is for the purpose of the information.

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