MrBeast and group of investors consider acquiring TikTok

Popular blogger and entrepreneur Jimmy Donaldson, better known as MrBeast, is considering the acquisition of the social media platform TikTok alongside a group of investors. According to reports, the consortium has already submitted a formal offer to the Chinese company ByteDance, which owns the service.

The estimated value of the deal is in the range of $20 to $25 billion. The list of potential buyers also includes the CEO of Roblox, which may indicate an intention to integrate the technologies of both platforms and expand their functional capabilities.

At present, representatives of ByteDance have not commented on the possibility of concluding an agreement, although negotiations are reportedly ongoing.