Alphabet wanted to take a stake in TikTok as part of a group bid but now talk has failed
Image Credit: shortpedia
Google parent company Alphabet wanted to take a stake in TikTok as part of a group bid, the source familiar with the matter told media. The report says Alphabet weighed a minority, non-voting stake through one of its investment arms, which would be GV or CapitalG. However, those discussions "fizzled out" with talks stopping in recent days. Alphabet reportedly didn't lead the efforts, and the report doesn't identify who did.