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Amazon, OnlyFans Founder in Last-Minute Bids to Buy TikTok
The Straits Times
|April 04, 2025
As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up.
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NEW YORK —
Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an April 5 deadline to reach a deal to find a non-Chinese buyer, under threat of being banned from the U.S.
U.S. officials have raised security concerns over the app’s ties to China, which TikTok and owner ByteDance have denied. Trump administration officials were meeting on April 2 to discuss the various options for TikTok.
Start-up Zoop, which is run by Mr. Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to bid for TikTok, the two told Reuters on April 2.
A U.S. administration official confirmed that Amazon had sent a letter to Vice President J.D. Vance and Commerce Secretary Howard Lutnick.
This story is from the April 04, 2025 edition of The Straits Times.
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